澳洲幸运5官网(www.a55555.net):Stronger greenback puts ringgit under pressure

澳洲幸运5官网www.a55555.net)是澳洲幸运5彩票官方网站,开放澳洲幸运5彩票会员开户、澳洲幸运5彩票代理开户、澳洲幸运5彩票线上投注、澳洲幸运5实时开奖等服务的平台。

KUALA LUMPUR: The ringgit ended weaker against the US dollar on Tuesday following a stronger-than-expected US monthly jobs data for June.

This has boosted the US Dollar Index (DXY) value to surpass 108 points, first time since October 2002.

At 6 pm, the local currency depreciated versus the greenback to 4.4385/4405 from Friday’s close of 4.4250/4270.

Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the closely-watched US nonfarm payrolls (NFP), which came in more-than-expected in June to 372,000 against consensus projection of 268,000, would certainly lent further support for another 75-basis points (bps) hike in the Fed Funds Rate.

‘’If this materealises, the Fed Funds Rate would be at 2.50 per cent by the end of July and appears to be on track to achieve the Federal Reserve's (Fed) members' forecast level of 3.40 per cent by end-2022.

,

欧博客户端下载www.aLLbet8.vip)是欧博集团的官方网站。欧博官网开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

,

"It looks like normalising monetary policy is at the forefront of the Fed's strategy, which makes the US dollar more appealing,’’ he told Bernama.

On the home front, according to analysts, Bank Negara Malaysia (BNM) is expected to raise the Overnight Policy Rate (OPR) one more time during its September meeting by another 25 bps to 2.50 per cent.

The ringgit was traded mostly firmer against a basket of major currencies.

It strengthened against the British pound to 5.2539/2562 from 5.2888/2912 on Friday and was higher vis-a-vis the Japanese yen to 3.2414/2431 from 3.2577/2595 and increased versus the euro to 4.4456/4476 from 4.4777/4797 previously.

The local unit, however, was lower against the Singapore dollar at 3.1539/1556 from 3.1528/1547 recorded last Friday.

The market was closed yesterday in lieu of Aidiladha public holiday which fell on Sunday. - Bernama


转载说明:本文转载自Sunbet。

  • 评论列表:
  •  皇冠信用网官网(www.hg108.vip)
     发布于 2022-10-26 00:13:41  回复
  •   解志炯,男,汉族,1976年10月生,在职大专,中共党员,当选为市人民政府副市长。苦涩生活的幸福源泉

添加回复:

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。