Carian mengenai topik US-dollar

The ringgit slipped further against the US dollar when the market opened today, as positive US economic data points continued to support the greenback.

The ringgit has appreciated by approximately 1.8 per cent against the US dollar, BNM governor Datuk Abdul Rasheed Ghaffour.

With the Ringgit already trading at lows against the US dollar can it withstand further depreciation? Dr Paul Anthony Mariadas of Taylor's Business School discusses how to mitigate impacts of declining Ringgit for businesses and consumers.

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The ringgit is expected to strengthen further and trade at 4.50 to the US dollar by the end of the year on the back of the country's positive economic performance and rising investor confidence.

Dr Mohd Afzanizam Abdul Rashid said the US dollar Index eased by 0.08 pct to 103.99 after the release of FOMC meeting outcome last night.

The ringgit continued to open lower against the U.S. dollar amid higher-than-expected U.S. inflation data which suggested the Federal Reserve (Fed) might keep the interest rate steady.

The ringgit opened higher against the US dollar on Friday after the United States Federal Reserve decided to maintain its interest rate at 5.5 per cent.

The ringgit was traded almost flat at the opening against the US dollar today on lack of fresh buying interest amid low volatility due to the Thanksgiving holiday.

Initially, they were promised lucrative jobs at casinos and hotels with handsome salaries in US dollars, police said.

The ringgit ended slightly higher against the US dollar today on mild demand, tracking the positive sentiment on the equity market despite the firmer greenback, analysts said.

The greenback was also supported by higher US 10-year Treasury yields after the release of US inflation data yesterday, an analyst said.

The pressure on the ringgit against the US dollar is hoped to lessen when the US debt ceiling issue is resolved over the next few days.

The US dollar firmed up in late trading on Wednesday as US leaders expressed optimism over debt limit negotiations, reported Xinhua.

Countries are making efforts to move away from the US dollar, but have yet to find a currency that could substitute or at least compete with it, renowned American investor Jim Rogers told Sputnik.

The ringgit continued to remain on a downtrend against the US dollar in the early session today due to the prevailing risk-off mode.

Daryll Tan, co-founder and director of OpenMinds Group emphasises the necessity for businesses to discard old paradigms and embrace new perspectives.

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