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新2手机管理端网址(www.99cx.vip)_Ringgit breaks 5-day winning streak to end lower against US dollar

新2手机管理端网址(www.99cx.vip)_Ringgit breaks 5-day winning streak to end lower against US dollar

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KUALA LUMPUR: The ringgit snapped a five-day winning streak to close lower today due to profit taking, said an analyst.

At 6 pm, the local currency slipped against the greenback to 4.4050/4065 from Tuesday’s close of 4.3945/3980.

The analyst said the ringgit would continue to see volatility against its US counterpart as growing fears of a recession make market participants defensive, leading to a higher demand for safe-haven currencies.

"In addition, the falling oil prices on worries that demand for the commodity will take a hit from a possible recession, also weighed on the ringgit’s performance today,” he said.

At the time of writing, benchmark Brent crude oil stood at US$109.8 per barrel.

However, the ringgit was traded higher against a basket of major currencies.

The local note appreciated against the British pound to 5.3966/3984 from Tuesday’s close of 5.4035/4078 and strengthened versus the Singapore dollar to 3.1707/1722 from 3.1738/1768 previously.

It also rose against the euro to 4.6332/6348 from 4.6441/6478 yesterday and gained vis-a-vis the Japanese yen to 3.2392/2408 from 3.2448/2477. - Bernama


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  • usdt无需实名买卖(www.usdt8.vip) @回复Ta

    2022-07-04 00:06:22 

    一条长达24公里的高速公路,在两年半前就已完工,但至今尚未完工,这让人们对此产生了更多的疑虑。在此,该项目并未延长高速公路的正常施工时间,也未将一条高速公路的建设周期延长到三四年,这是一条由数百到数百公里的高速公路组成的整体,而24公里以下的高速公路则是没有边界的,所以需要三四年的时间才能建成。看的人多吗?

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