At 6pm the local currency dipped to 453405365 against the greenback from 452655285 at Wednesdays closeThe analyst said with no new catalyst. The main resistance point on the daily chart is at 45000 which is close to the all-time high on US dollarringgit.
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KUALA LUMPUR Sept 8.
. THE ringgit eased against the US dollar in the early session today due to the lack of catalysts said a dealer. Sep 18 2022 1405 UTC - Sep 18 2022 1405 UTC MYRUSD close. The ringgit continued to weaken against the US dollar on Thursday Sept 15 breaching the 453 level which is by far the lowest since the Asian Financial Crisis AFC said an analyst.
If the rate breaks below 44700 there could be room for a bigger pullback towards the 43600 region within a few weeks he added. 1 MYR 0 USD. The currency code for Malaysian.
MYR - Malaysian Ringgit. Our currency rankings show that the most popular Malaysian Ringgit exchange rate is the MYR to USD rate. Meanwhile the ringgit was traded mostly higher against a basket of major currencies.
While the ringgit has depreciated by 75 per cent against the US dollar since the beginning of 2022 many currencies in the region and developed countries have also fallen against the greenback. At 6pm the local currency fell to 449704500 against the greenback from yesterdays close of 4. The ringgit slipped further to a fresh 24-year low against the US dollar at the opening today in line with lower oil prices as more investors shifted towards safe-haven assets.
Malaysian Ringgit to US Dollar. The ringgit slipped further to a fresh 24-year low against the United States dollar at the opening on Wednesday Sep 14 in line with lower oil prices as more investors shifted. 12H 1D 1W 1M 1Y 2Y 5Y 10Y.
KUALA LUMPUR Sept 6 The ringgit ended lower against the US dollar for the third consecutive day today ahead of Bank Negara Malaysias BNM Monetary Policy Committee MPC meeting tomorrow. KUALA LUMPUR Sept 15. The ringgit rebounded from its loss on Wednesday Sept 7 to open slightly higher against the US dollar in the morning as cheaper prices due to recent losses prompted investors to return to emerging currencies including the ringgitAt 905am the local currency had risen to 449905020 against the greenback from Wednesdays close at.
At 922am the local currency was pegged at 44734760 against the greenback from Thursdays close of 4474730. It had also improved vis-a-vis the Japanese yen to 326422666 from 327672795 on Friday and appreciated against the Singapore dollar to 321522178 from 322252254 previously. ActivTrades trader Dyogenes Rodrigues Diniz said after a long bullish move that started in March the US dollar could show the first signs of what.
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