Ringgit Opens Higher As Weaker US Data Weighs On Dollar
KUALA LUMPUR, July 31 (Bernama) -- The ringgit opened higher against the US dollar on Friday as the greenback weakened following softer United States (US) economic data, an analyst said.
| LATEST NEWS | TH’s financial statements were manipulated to show higher profits, while asset valuations outside its audited financial statements were also manipulated using the Realisable Asset Value method to show that its assets were worth more than it | TH disposed of 106 listed shares, 29 properties, and an oil palm plantation company to Urusharta Jamaah Sdn Bhd financed with sukuk subscribed by TH - Zulkifli | Cabinet decided to sell RM9.7 billion worth of underperforming and troubled assets at a significantly higher premium of RM19.9 billion, twice their value, to close the RM10 billion asset-liability deficit. | PH government needs to bail out TH with a restructuring plan to restore TH’s finances - Zulkifli | TH RCI report recommends that no more active politicians be appointed to TH management - Dr Zulkifli | |
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Ringgit Higher Against Greenback In Early Trade, Tracks Weaker US Dollar Index
KUALA LUMPUR, June 30 (Bernama) -- The ringgit was higher against the US dollar in the early session today, tracking a weaker US dollar index (DXY) as traders positioned ahead of key US labour market and consumer confidence data.