BEAMSTART Logo

HomeNews

Analysts say no relief for ringgit yet next week as traders brace for economic data blitz

Malay Mail LogoMalay Mail18h ago

Analysts say no relief for ringgit yet next week as traders brace for economic data blitz - Malay Mail

Quick Summary:

KUALA LUMPUR, May 11 — The ringgit is expected to stay weaker in the near term, given the optimism that a trade deal bet...

It edged down against the Indonesian rupiah to 260.0/260.4 from 258.8/259.3, slid against the Singapore dollar to 3.3095/3124 from 3.2862/2898, declined versus the Thai baht to 13.0082/0267 from 12.8697/8903, and slipped against the Philippine peso at 7.74/7.76 from 7.65/7.67 the previous Friday.

The local note traded lower against a basket of major currencies.


More Pictures

Analysts say no relief for ringgit yet next week as traders brace for economic data blitz - Malay Mail (Picture 1)

or

Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-11 @ 07:00:00 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 400 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 28547509

View Article Analysis

About Malay Mail

Malay Mail Logo

Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 3 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 10 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #106

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Analysts say no relief for ringgit yet next week as traders brace for economic data blitz" has 400 words across 15 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Analysts say no relief for ringgit yet next week as traders brace for economic data blitz" was covered 18 hours ago by Malay Mail, a news publisher based in Malaysia.

How trustworthy is 'Malay Mail' news outlet?

Malay Mail is a fully independent (privately-owned) news outlet established in 1896 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 3 news stories per day.

It's most recent story was published 10 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #28547509
  • URL: https://pokemoncardresources.beamstart.com/news/analysts-say-no-relief-for-17469186299804

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.