
Ringgit opens higher against major currencies, ease vs US dollar
The local note was traded with little change versus the Indonesian rupiah at 228.5/229.1 from 228.4/228.7 and was flat vis-à-vis the Philippine peso at…
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Summary
The local note was traded with little change versus the Indonesian rupiah at 228.5/229.1 from 228.4/228.7 and was flat vis-à-vis the Philippine peso at 6.67/6.69 previously. Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid noted that US CPI inflation has moderated slightly to 3.4% in July from 3.5% a month ago. “The outturn was in line with consensus estimates. KUALA LUMPUR: The ringgit opened higher against major currencies but eased against the US dollar on Thursday, amid a moderation in the highly anticipated US consumer price index CPI.
Cross-referenced from 3 sources.
Factual coreconfirmed by several independent voices
The local note was traded with little change versus the Indonesian rupiah at 228.5/229.1 from 228.4/228.7 and was flat vis-à-vis the Philippine peso at 6.67/6.69 previously.
reliability moderate2/2 sourcesBank Muamalat Malaysia Bhd chief economist Afzanizam Rashid noted that US CPI inflation has moderated slightly to 3.4% in July from 3.5% a month ago. “The outturn was in line with consensus estimates.
reliability moderate2/2 sourcesKUALA LUMPUR: The ringgit opened higher against major currencies but eased against the US dollar on Thursday, amid a moderation in the highly anticipated US consumer price index CPI
reliability moderate2/2 sources
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