{"id":15349,"date":"2022-10-28T10:56:31","date_gmt":"2022-10-28T02:56:31","guid":{"rendered":"https:\/\/newmalaysiatimes.com\/?p=15349"},"modified":"2022-10-28T10:56:32","modified_gmt":"2022-10-28T02:56:32","slug":"ringgit-opens-lower-vs-us-dollar-rose-vis-a-vis-the-euro","status":"publish","type":"post","link":"https:\/\/newmalaysiatimes.com\/?p=15349","title":{"rendered":"Ringgit opens lower vs US dollar, rose vis-a-vis the euro"},"content":{"rendered":"\n<p><strong>KUALA LUMPUR, Oct 28<\/strong> &#8212;\u00a0The ringgit opened lower against the US dollar today as mixed \u00a0United States (US) economic data continued to support the greenback.<\/p>\n\n\n\n<p>At 9&nbsp;am, the local currency slid to 4.7220\/7250 against the greenback from Thursday&#8217;s close of 4.7155\/7185.<\/p>\n\n\n\n<p>ActivTrades trader Dyogenes Rodrigues Diniz said despite the&nbsp;US gross domestic product (GDP)&nbsp;growing by 2.6 per cent year-on-year in&nbsp;the third quarter of 2022 (Q3 2022), its&nbsp;Core Durable Goods for the month of September came in&nbsp;at -0.5 per cent, below the expectation&nbsp;of 0.2 per cent.<\/p>\n\n\n\n<p>Meanwhile, the European Central Bank raised its interest rate by a further 75 basis points to 1.5 per cent, the highest rate since 2009.\u00a0<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/09\/NMT.png\" alt=\"ringgit\" class=\"wp-image-14885\" width=\"429\" height=\"360\" srcset=\"https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/09\/NMT.png 940w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/09\/NMT-300x251.png 300w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/09\/NMT-768x644.png 768w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/09\/NMT-119x100.png 119w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/09\/NMT-350x293.png 350w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/09\/NMT-800x671.png 800w\" sizes=\"auto, (max-width: 429px) 100vw, 429px\" \/><\/figure><\/div>\n\n\n<p>At home, the ringgit was traded mostly lower&nbsp;against a basket of major currencies.<\/p>\n\n\n\n<p>The local note slipped&nbsp;against the&nbsp;British pound to&nbsp;5.4558\/4593&nbsp;from 5.4516\/4551 at Thursday&#8217;s close,&nbsp;eased versus the Singapore dollar to 3.3494\/3520&nbsp;from&nbsp;3.3448\/3472 yesterday and&nbsp;depreciated against the&nbsp;Japanese yen at&nbsp;3.2208\/2231&nbsp;from 3.2194\/2219 previously.<\/p>\n\n\n\n<p>However, it rose vis-a-vis the euro to&nbsp;4.7064\/7094 from&nbsp;4.7334\/7364 on Thursday.<\/p>\n\n\n\n<p><a href=\"https:\/\/newmalaysiatimes.com\/\">NMT<\/a> as reported by <a href=\"https:\/\/www.bernama.com\/en\/market\/news.php?id=2132822\">Bernama<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, Oct 28 &#8212;\u00a0The ringgit opened lower against the US dollar today as mixed&#8230;<\/p>\n","protected":false},"author":1,"featured_media":14885,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,524],"tags":[],"class_list":["post-15349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-nation"],"featured_image_urls":{"full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/09\/NMT.png",940,788,false],"thumbnail":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/09\/NMT-150x150.png",150,150,true],"medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/09\/NMT-300x251.png",300,251,true],"medium_large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/09\/NMT-768x644.png",640,537,true],"large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/09\/NMT.png",640,537,false],"1536x1536":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/09\/NMT.png",940,788,false],"2048x2048":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/09\/NMT.png",940,788,false],"newsium-slider-full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/09\/NMT.png",940,788,false],"newsium-featured":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/09\/NMT.png",940,788,false],"newsium-medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/09\/NMT.png",567,475,false]},"author_info":{"info":["Editor"]},"category_info":"<a href=\"https:\/\/newmalaysiatimes.com\/?cat=17\" rel=\"category\">Economy<\/a> <a href=\"https:\/\/newmalaysiatimes.com\/?cat=524\" rel=\"category\">Nation<\/a>","tag_info":"Nation","comment_count":"0","_links":{"self":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/15349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15349"}],"version-history":[{"count":1,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/15349\/revisions"}],"predecessor-version":[{"id":15350,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/15349\/revisions\/15350"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/media\/14885"}],"wp:attachment":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}