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Ringgit opens lower against US dollar | Money

Thursday, 08 Jul 2021 09:53 AM MYT At 9am, the local note fell by 95 basis points (bps) to open at 4.1700/1750 against the greenback from 4.1605/1625 at yesterday’s close. Reuters pic Follow us on Instagram and subscribe to our Telegram channel for the latest updates. KUALA LUMPUR, July 8 ― The ringgit opened weaker against the US dollar today as market participants took note of the political and Covid-19 situation in Malaysia, a dealer said. At 9am, the local note fell by 95 basis points (bps) to open at 4.1700/1750 against the greenback from 4.1605/1625 at yesterday’s close. Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said the sentiment towards the ringgit was mainly influenced by the outcome of the Umno supreme council meeting, where the party decided to withdraw its support for the Perikatan Nasional government headed by Prime Minister Tan Sri Muhyiddin Yassin.

Ringgit opens 95bps lower against US$

KUALA LUMPUR: The ringgit opened weaker against the US dollar today as market participants took note of the political and COVID-19 situation in Malaysia, a dealer said. At 9 am, the local note fell by 95 basis points (bps) to open at 4.1700/1750 against the greenback from 4.1605/1625 at Wednesday’s close. Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said the sentiment towards the ringgit was mainly influenced by the outcome of the UMNO supreme council meeting, where the party decided to withdraw its support for the Perikatan Nasional government headed by Prime Minister Tan Sri Muhyiddin Yassin. The announcement was made by UMNO president Datuk Seri Dr Ahmad Zahid Hamidi at the party’s Supreme Council meeting held virtually last night.

After Umno rejects Perikatan, Sarawak DCM reminds politicians of ongoing Covid-19 pandemic | Malaysia

Thursday, 08 Jul 2021 01:33 PM MYT BY SULOK TAWIE Sarawak Deputy Chief Minister Tan Sri James Masing says the best strategy to fight this deadly Covid-19 pandemic is for Malaysia to stand together and fight as one. Picture by Sarawak Public Communication Unit (Ukas) Follow us on Instagram and subscribe to our Telegram channel for the latest updates. KUCHING, July 8 ― Sarawak Deputy Chief Minister Tan Sri James Masing today said Malaysian politicians should focus their attention on fighting the Covid-19 pandemic instead of each other. “The best strategy to fight this deadly Covid-19 pandemic is for us to stand together and fight as one.

Hostilities deepen ahead of big showdown

Hostilities deepen ahead of big showdown
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

Pejuang wants recovery council, not interested in politics now, says Dr M

Pejuang wants recovery council, not interested in politics now, says Dr M
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

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