Ringgit ends lower against US dollar
KUALA LUMPUR: The ringgit ended weaker versus the US dollar on Tuesday as the greenback continued to strengthen amidst growing risk-off sentiment, an analyst said.
At 6 pm, the local currency slipped to 4.4865/4900 against the greenback from Monday’s close of 4.4855/4870.
The analysts said investors are cautiously awaiting key economic data to be released this week.
"United States Federal Reserve chair Jerome Powell’s comments at the annual Jackson Hole economic symposium this Friday is also crucial in determining the central bank's next interest rate direction to tame inflation,'' the analyst said.,
,Telegram斗地主机器人（www.tel8.vip）是一个Telegram群组分享平台。Telegram斗地主机器人包括Telegram群成员导出、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram斗地主机器人为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
Meanwhile, the ringgit was traded higher against a basket of major currencies today.
It rose against the Singapore dollar to 3.2141/2170 from 3.2147/2163 at Monday’s close and increased versus the British pound to 5.2833/2874 from 5.2947/2965 previously.
The local unit also appreciated against the euro at 4.4551/4586 from 4.4886/4901 and increased slightly vis-a-vis the Japanese yen at 3.2662/2690 from 3.2786/2800 previously. - Bernama