Live Saturday, 22 August 2026

BREAKING

Egyptian FM holds calls with Iranian counterpart , U.S. Envoy on regional developmentsZverev into French Open last-fourIsraeli fire kills four people in Gaza, medics sayEgypt, Singapore discuss expanding cooperation in tourism, antiquitiesAncelotti eases Neymar W. Cup fearsArab, Islamic states condemn Israeli actions at Al-AqsaSyria Hopes for Terrorism Delisting to Spur Economic RecoveryBenfica linked with Fulham’s SilvaVan der Breggen takes Giro leadKremlin: Saudi Arabia Named Guest of Honor at St. Petersburg Economic ForumTrump administration proposes 25% tariff to punish Brazil over trade practicesرياضة محلية‘Really cool to share this journey with her’: Michelle Wie West playing for her family at U.S. Women’s OpenArchaeological Replicas Showcase Saudi Arabia’s Rich History at Kuala Lumpur Int’l Book FairRenewable Energy Helps Red Sea Global Avoid 118,000 Tons of Carbon EmissionsLetter: Carol Rumens obituaryEngland v India: third and deciding women’s T20 cricket international – liveHealthVolunteers serve comfort food in a worrying Ebola outbreak – Sault Michigan NewsEconomyTrump signs AI executive order asking companies to give government early access to modelsVarietySouth West Water fined nearly £2million after supplying homes with parasite-ridden water that left four people in hospital – and telling people it was safe to drinkScience & TechYour car is following you – how to reclaim your data privacy on the open roadEgyptian FM holds calls with Iranian counterpart , U.S. Envoy on regional developmentsZverev into French Open last-fourIsraeli fire kills four people in Gaza, medics sayEgypt, Singapore discuss expanding cooperation in tourism, antiquitiesAncelotti eases Neymar W. Cup fearsArab, Islamic states condemn Israeli actions at Al-AqsaSyria Hopes for Terrorism Delisting to Spur Economic RecoveryBenfica linked with Fulham’s SilvaVan der Breggen takes Giro leadKremlin: Saudi Arabia Named Guest of Honor at St. Petersburg Economic ForumTrump administration proposes 25% tariff to punish Brazil over trade practicesرياضة محلية‘Really cool to share this journey with her’: Michelle Wie West playing for her family at U.S. Women’s OpenArchaeological Replicas Showcase Saudi Arabia’s Rich History at Kuala Lumpur Int’l Book FairRenewable Energy Helps Red Sea Global Avoid 118,000 Tons of Carbon EmissionsLetter: Carol Rumens obituaryEngland v India: third and deciding women’s T20 cricket international – liveHealthVolunteers serve comfort food in a worrying Ebola outbreak – Sault Michigan NewsEconomyTrump signs AI executive order asking companies to give government early access to modelsVarietySouth West Water fined nearly £2million after supplying homes with parasite-ridden water that left four people in hospital – and telling people it was safe to drinkScience & TechYour car is following you – how to reclaim your data privacy on the open road

Prices

US dollar50.88EGPEuro59.44EGPBritish pound69.38EGPSaudi riyal13.57EGPUAE dirham13.85EGPKuwaiti dinar166.54EGPJordanian dinar71.76EGPQatari riyal13.98EGPTurkish lira1.06EGPChinese yuan7.55EGPGold 247,532.04EGP/gGold 216,590.53EGP/gGold 185,649.03EGP/gSilver113.05EGP/g

US dollar50.88EGPEuro59.44EGPBritish pound69.38EGPSaudi riyal13.57EGPUAE dirham13.85EGPKuwaiti dinar166.54EGPJordanian dinar71.76EGPQatari riyal13.98EGPTurkish lira1.06EGPChinese yuan7.55EGPGold 247,532.04EGP/gGold 216,590.53EGP/gGold 185,649.03EGP/gSilver113.05EGP/g

Economy

Ringgit expected to trade at 3.95-3.97 against US dollar

By New Straits Times · May 25, 2026 · 2 min read New Straits Times ↗

KUALA LUMPUR: The ringgit is expected to trade within a narrow range of between 3.95 and 3.97 against the US dollar amid a shortened trading week.

Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the focus would be on the United States’ personal consumption expenditures (PCE) data for April.

“The PCE is likely on the high side in light of the elevated petrol prices in April.”

Afzanizam said while the ringgit is expected to move in a narrow range, Malaysia’s macroeconomic indicators are fairly decent.

He also said Malaysia’s foreign exchange reserve had risen to US$129.5 billion as of May 15 compared with US$125.5 billion on Dec 31, 2025.

Last Friday, the ringgit was lower against the US dollar at 3.9655/9700 from 3.9515/9580 in the previous week.

The ringgit traded mostly easier against a basket of major currencies last week. It fell versus the British pound to 5.3245/3305 from 5.2749/2835, appreciated against the euro to 4.6012/6064 from 4.5948/6024 but gained versus the yen to 2.4925/4954 from 2.4927/4968.

The ringgit also traded mostly lower against its Asean peers. It rose versus the rupiah to 223.8/224.1 from 224.5/225 but eased vis-a-vis the Singapore dollar to 3.0985/1023 from 3.0871/0927, fell against the baht to 12.1421/1611 from 12.0989/1247 and declined against the Philippine peso to 6.42/6.44 from 6.40/6.41.

© New Straits Times Press (M) Bhd

المصدر: New Straits Times

#Economy

0 Views

أضف تعليقاً Cancel reply