NSTbusiness: At 9.02 am, the local currency weakened slightly to 4.3090/3130 against the greenback from Monday’s closing of 4.3030/3080. Ringgit USDollar OilPriceWar covid19 coronavirus
At 9.02 am, the local currency weakened slightly to 4.3090/3130 against the greenback from Monday’s closing of 4.3030/3080.
He said Malaysia’s 2020 economic stimulus package announced last month to mitigate the impact of the COVID-19 failed to support the ringgit, as another 125 people were confirmed to be infected with the coronavirus yesterday, escalating worries among the people and prompted the authority to take drastic action.
Last night the government announced it will impose a nationwide movement control order till end-March 2020 to contain the disease. “Besides, the country’s economic outlook is also clouded by the slump in crude oil price amid the global financial market turmoil,” said the dealer.It depreciated against the Singapore dollar to 3.0356/0405 from 3.0260/0312 and increased versus the Japanese yen to 4.0403/0452 from yesterday’s closing of 4.0613/0672.
The local note fell vis-a-vis the British pound to 5.2772/2834 from 5.2711/2876 and improved against the euro to 4.8127/8189 from 4.8155/8228. -- BERNAMA
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Churches in Kuala Lumpur city centre suspend services until end-month in light of Covid-19 case spike | Malay MailKUALA LUMPUR, March 15 — This is the first time in history that several churches in Malaysia experience service suspension due to a disease outbreak. According to a St John’s Cathedral Kuala Lumpur church worker, this was the first time many attended the Mass by tuning in to a “live”...
Read more »
Fresh, cheap fish from Kuala Muda now available in IpohIPOH: Fresh and cheap fish especially “kembung” (mackerel) sold as low as 50 sen per kilogramme in the northern states, due to the surplus of the seaf...
Read more »
Covid-19: Kuala Gandah elephant sanctuary closes doors vNSTnation The popular Kuala Gandah National Elephant Conservation Centre (NECC) in Lanchang, Temerloh, is closed until further notice due to the Covid19 outbreak.
Read more »
Ringgit continues downtrend at openingStimulus package announced last month fails to support the local note. FMTNews
Read more »
Ringgit opens easier against US dollarDecline of global oil prices and Covid-19 concerns hit the local note hard. FMTNews Ringgit
Read more »
Covid-19: UTHM Pagoh campus closed for decontamination processUTHM says quarantine and screening process would continue to be conducted according to existing procedures.
Read more »