{"id":7682,"date":"2021-01-04T13:25:59","date_gmt":"2021-01-04T05:25:59","guid":{"rendered":"https:\/\/newmalaysiatimes.com\/?p=7682"},"modified":"2021-01-04T13:26:01","modified_gmt":"2021-01-04T05:26:01","slug":"ringgit-opens-higher-against-us-dollar-on-first-trading-day-of-the-new-year","status":"publish","type":"post","link":"https:\/\/newmalaysiatimes.com\/?p=7682","title":{"rendered":"Ringgit opens higher against US dollar on first trading day of the new year"},"content":{"rendered":"\n

KUALA LUMPUR, Jan 4  — The ringgit opened higher this morning versus the US dollar, denoting a decent evidence that it provides a guide to performance for the year.<\/p>\n\n\n\n

Axi chief global market strategist Stephen Innes said the market continued to build in boatloads of optimism for a global growth recovery in 2021 and an accompanying downward trajectory for the US dollar as the primary consensus view.<\/p>\n\n\n\n

At 9 am, the local currency improved to\u00a04.0100\/0150 versus\u00a0the greenback\u00a0from Thursday’s close of\u00a04.0200\/0250.<\/p>\n\n\n\n

\"ringgit\"<\/figure><\/div>\n\n\n\n

He said optimism that widespread COVID-19 vaccine distribution will provide the ultimate economic kick start offers a massive booster shot to corporate profits.<\/p>\n\n\n\n

The ringgit was traded higher against other major currencies.<\/p>\n\n\n\n

It increased against the Singapore dollar to 3.0365\/0414 from 3.0395\/0444 last Thursday, rose versus the euro to 4.9082\/9156 from 4.9358\/9427, and appreciated vis-a-vis the Japanese yen to 3.8898\/8958 from 3.9018\/9078 and edged up against the British pound to 5.4829\/4901 from 5.4905\/4977.<\/p>\n\n\n\n

— BERNAMA<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

KUALA LUMPUR, Jan 4  — The ringgit opened higher this morning versus the US dollar, denoting a decent…<\/p>\n","protected":false},"author":1,"featured_media":7683,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[524],"tags":[],"class_list":["post-7682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nation"],"featured_image_urls":{"full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/01\/53b37a3d5c8e92663cf234c741d636d25e33896a1602a.png",1084,546,false],"thumbnail":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/01\/53b37a3d5c8e92663cf234c741d636d25e33896a1602a-150x150.png",150,150,true],"medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/01\/53b37a3d5c8e92663cf234c741d636d25e33896a1602a-300x151.png",300,151,true],"medium_large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/01\/53b37a3d5c8e92663cf234c741d636d25e33896a1602a-768x387.png",640,323,true],"large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/01\/53b37a3d5c8e92663cf234c741d636d25e33896a1602a-1024x516.png",640,323,true],"1536x1536":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/01\/53b37a3d5c8e92663cf234c741d636d25e33896a1602a.png",1084,546,false],"2048x2048":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/01\/53b37a3d5c8e92663cf234c741d636d25e33896a1602a.png",1084,546,false],"newsium-slider-full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/01\/53b37a3d5c8e92663cf234c741d636d25e33896a1602a.png",1084,546,false],"newsium-featured":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/01\/53b37a3d5c8e92663cf234c741d636d25e33896a1602a.png",1024,516,false],"newsium-medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/01\/53b37a3d5c8e92663cf234c741d636d25e33896a1602a.png",720,363,false]},"author_info":{"info":["Editor"]},"category_info":"Nation<\/a>","tag_info":"Nation","comment_count":"0","_links":{"self":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/7682","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=7682"}],"version-history":[{"count":1,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/7682\/revisions"}],"predecessor-version":[{"id":7684,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/7682\/revisions\/7684"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/media\/7683"}],"wp:attachment":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}