KUALA LUMPUR, July 9 (Bernama) -- Bursa Malaysia closed lower on Thursday as renewed geopolitical tensions in West Asia weighed on investor sentiment. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 5.97 points, or 0.36 per cent, to 1,677.64 from Wednesday's close of 1,683.61. The benchmark index opened 2.62 points lower at 1,680.99, and moved between 1,676.18 and 1,683.80 throughout the session. However, market breadth was slightly positive, with gainers leading losers 533 to 504, while 547 counters were unchanged, 1,112 untraded, and 12 suspended. Turnover slipped to 2.64 billion units valued at RM2.19 billion from 2.96 billion units valued at RM2.18 billion on Wednesday.
Currency exchange rate is also one something that we should always look up on to gauge whether import goods from certain countries is getting cheaper or getting more expensive. Another reason for monitoring the currency exchange rate is so that we can know whether the economy in a country is getting better or worse, although nowadays currency exchange rate has slowly become speculative rather than fundamental.
As Malaysian, I am always curious how the country currency perform against some major nations like the United States.
As Malaysian, I am always curious how the country currency perform against some major nations like the United States.
Malaysian Ringgit Exchange Rate
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