Loan Digest

Ringgit strengthens against US dollar in early trade

  • 📰 malaymail
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 86%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

KUALA LUMPUR, Jan 25 — The ringgit extended its upbeat momentum to open higher versus the US dollar today, supported by renewed buying interest in the currency and improved...

KUALA LUMPUR, Jan 25 — The ringgit extended its upbeat momentum to open higher versus the US dollar today, supported by renewed buying interest in the currency and improved sentiment on China’s continued opening for international travel, said an analyst.The market resumed trading today after taking a break on Jan 23 and 24 for the Chinese New Year holidays.

“However, amidst the returning Chinese consumer impulse and the continued opening up of Chinese international travel, I expect the ringgit to remain on solid footing despite any short term hiccups,” he told Bernama.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ringgit strengthens against US dollar in early tradeAt 9 am, the ringgit climbed to 4.2755/2805 against the greenback from Friday’s close of 4.2830/2875. theSun theSundaily ringgit strengthen trade economy finance
Source: theSundaily - 🏆 25. / 51 Read more »