Array
(
    [_edit_lock] => Array
        (
            [0] => 1720493037:31
        )

    [tdc_dirty_content] => Array
        (
            [0] => 1
        )

    [tdc_icon_fonts] => Array
        (
            [0] => a:0:{}
        )

    [_thumbnail_id] => Array
        (
            [0] => 214627
        )

    [_edit_last] => Array
        (
            [0] => 31
        )

    [onesignal_meta_box_present] => Array
        (
            [0] => 1
        )

    [onesignal_send_notification] => Array
        (
            [0] => 
        )

    [onesignal_modify_title_and_content] => Array
        (
            [0] => 
        )

    [onesignal_notification_custom_heading] => Array
        (
            [0] => 
        )

    [onesignal_notification_custom_content] => Array
        (
            [0] => 
        )

    [_post_language] => Array
        (
            [0] => 
        )

    [_molongui_author] => Array
        (
            [0] => guest-97702
        )

    [_molongui_main_author] => Array
        (
            [0] => guest-97702
        )

    [td_post_theme_settings] => Array
        (
            [0] => a:1:{s:11:"td_subtitle";s:62:"Local note at 4.7070/7130 against benchmark currency at 9.05am";}
        )

    [_yoast_wpseo_primary_category] => Array
        (
            [0] => 599
        )

    [_yoast_wpseo_focuskw] => Array
        (
            [0] => ringgit
        )

    [_yoast_wpseo_linkdex] => Array
        (
            [0] => 56
        )

    [_yoast_wpseo_content_score] => Array
        (
            [0] => 60
        )

    [_yoast_wpseo_estimated-reading-time-minutes] => Array
        (
            [0] => 2
        )

    [_yoast_wpseo_wordproof_timestamp] => Array
        (
            [0] => 
        )

    [post_views_count] => Array
        (
            [0] => 160
        )

    [post_views_count_7_day_arr] => Array
        (
            [0] => a:7:{i:0;a:3:{s:4:"date";s:10:"1749434071";s:5:"count";i:1;s:14:"per_hour_count";a:1:{i:1;i:4;}}i:1;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:2;a:3:{s:4:"date";s:10:"1749648382";s:5:"count";i:1;s:14:"per_hour_count";a:1:{i:13;i:1;}}i:3;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:4;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:5;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:6;a:2:{s:4:"date";i:0;s:5:"count";i:0;}}
        )

    [post_view_7days_last_day] => Array
        (
            [0] => 2
        )

    [post_views_count_7_day_last_date] => Array
        (
            [0] => 1749648382
        )

    [post_views_count_7_day_total] => Array
        (
            [0] => 2
        )

    [post_views_last_24_hours] => Array
        (
            [0] => 1
        )

    [post_views_last_48_hours] => Array
        (
            [0] => 1
        )

)
Ringgit almost flat against US dollar as greenback boosted by nonfarm payrolls | Scoop
The ringgit has traded mostly lower against a basket of major currencies today. – Alif Omar/Scoop file pic, July 9, 2024
News

Ringgit almost flat against US dollar as greenback boosted by nonfarm payrolls

Local note at 4.7070/7130 against benchmark currency at 9.05am

Bernama
Updated
10:43 AM MYT

 

KUALA LUMPUR – The ringgit opened slightly lower against the US dollar in early trade today as recent economic data from the United States provided support to the greenback, said an analyst.

At 9.05am, the ringgit stood at 4.7070/7130 against the greenback compared to Friday’s close of 4.7065/7110.

The market was closed yesterday in conjunction with the Awal Muharam holiday.

Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the US dollar would likely be well supported for the day in light of the outturn in the Nonfarm Payrolls (NFP) data, which came in better-than-expected for June.  

He opined this would lead market participants to focus on what Federal Reserve chair Jerome Powell would say in his testimony to the US Congress this week.

“It appears that the Fed chairman is expected to maintain its restrictive stance following the higher than anticipated NFP in June,” he said, adding that the ringgit was expected to stay in a narrow range today.

Meanwhile, the ringgit traded mostly lower against a basket of major currencies.

The local note appreciated against the Japanese yen to 2.9154/9293 from Friday’s 2.9286/9315.

However, it opened lower at 6.0283/0359 against the British pound from 6.0182/0240 last week and fell vis-a-vis the euro to 5.0958/1023 from 5.0953/1001 previously.

The ringgit traded mixed in the early session against its Asean peers.

It edged up versus the Singapore dollar to 3.4869/4916 from 3.4876/4912 at Friday’s close but eased against the Indonesian rupiah to 289.4/290.0 from 289.1/289.5 and slipped to 12.9061/9268 against the Thai baht from 12.8646/8818 previously.

The local note was unchanged against the Philippine peso at 8.04/8.05. – July 9, 2024

Topics

 

◉ Popular

From player to mentor: Wee Wern calls time on glittering squash career, takes on coaching challenge

A desire to impart her years of experience to the younger generation has seen former world number five squash player Low Wee Wern make the tough decision to hang up her racquet.

Duck and cover? FashionValet bought Vivy’s 30 Maple for RM95 mil in 2018

Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil

No forced eviction of Pasir Panjang Ulu farmers, process was legal: Perak MB

Datuk Seri Saarani Mohamad said the process was carried out legally, adding that MB Inc held a series of direct negotiations with the farm operators since 2021, in addition to offering ex-gratia at a reasonable rate. 

◉ Related

Copyright © 2023. All rights reserved.