在线博彩平台（www.hg108.vip）_Ringgit breaks 5-day winning streak to end lower against US dollar

在线博彩平台（www.hg108.vip）是皇冠体育官网线上直营平台。在线博彩平台面向亚太地区招募代理，开放皇冠信用网代理申请、皇冠现金网代理会员开户等业务。在线博彩平台可下载皇冠官方APP，皇冠APP包括皇冠体育最新代理登录线路、皇冠体育最新会员登录线路。

KUALA LUMPUR: The ringgit snapped a five-day winning streak to close lower today due to profit taking, said an *** yst.

At 6 pm, the local currency slipped against the greenback to 4.4050/4065 from Tuesday’s close of 4.3945/3980.

The *** yst said the ringgit would continue to see volatility against its US counterpart as growing fears of a recession make market participants defensive, leading to a higher demand for safe-haven currencies.

"In addition, the falling oil prices on worries that demand for the commodity will take a hit from a possible recession, also weighed on the ringgit’s performance today,” he said.

At the time of writing, benchmark Brent crude oil stood at US$109.8 per barrel.

However, the ringgit was traded higher against a basket of major currencies.

The local note appreciated against the British pound to 5.3966/3984 from Tuesday’s close of 5.4035/4078 and strengthened versus the Singapore dollar to 3.1707/1722 from 3.1738/1768 previously.

It also rose against the euro to 4.6332/6348 from 4.6441/6478 yesterday and gained vis-a-vis the Japanese yen to 3.2392/2408 from 3.2448/2477. - Bernama