The ringgit began trading higher against the US dollar on Thursday, buoyed by stabilisation of the yuan following the People's Bank of China's decision to maintain interest rates earlier this week, which was seen as a positive indicator. At 8 am, the ringgit traded at 4.4835/4900 against the greenback, slightly up from Tuesday's close of 4.4845/4900.
SPI Asset Management managing partner Stephen Innes remarked that China's plan to issue three trillion yuan in special treasury bonds next year to stimulate its economy further supports the ringgit's performance. However, he noted that while these developments are encouraging, the primary focus remains on the incoming US administration's trade policy, which could lend continued support to the US dollar as the inauguration nears.
"The shifting trade dynamics and upcoming policy announcements will be key factors influencing the ringgit's performance in the near future," he told Bernama.
UOB Kay Hian Wealth Advisors investment research head Mohd Sedek Jantan highlighted that the local currency also gained strength due to stronger US economic growth data and expectations that robust global economic activity will boost oil demand. He added that Brent and WTI oil prices ended higher on Tuesday, further supporting the ringgit.
"Additionally, the Asian Dollar Index today also shows an uptrend, generally indicating that the value basket of Asian currencies is strengthening against a US dollar," he observed.
Despite these gains, the ringgit recorded mixed performance against major currencies. It appreciated against the Japanese yen, trading at 2.8534/8579 from 2.8547/8586. However, it weakened against the British pound to 5.6237/6318 from 5.6209/6278 and slipped vis-a-vis the euro to 4.6624/6692 from 4.6603/6660.
Against ASEAN currencies, the ringgit showed a mixed trend. It weakened against the Singapore dollar at 3.2989/3041 from 3.2979/3024 and was flat against the Philippine peso at 7.66/7.68. Meanwhile, it remained almost unchanged versus the Indonesian rupiah at 276.8/277.4 from 276.9/277.4 but appreciated vis-a-vis the Thai baht to 13.1066/1363 from 13.1283/1517.
週四，馬來西亞林吉特對美元開始上漲，受到中國人民銀行本週早些時候決定維持利率後的人民幣穩定的提振，這被視爲一個積極的信號。早上8點，林吉特對美元的匯率爲4.4835/4900，略高於週二的收盤價4.4845/4900。
SPI資產管理的管理合夥人Stephen Innes表示，中國計劃在明年發行三萬億人民幣的特別國債以刺激經濟，這進一步支持了林吉特的表現。然而，他指出，儘管這些發展令人鼓舞，但主要關注仍在新任美國政府的貿易政策上，隨着就職典禮的臨近，這可能會繼續支持美元。
「貿易動態的變化和即將公佈的政策將是影響林吉特近期表現的關鍵因素，」他對馬新社表示。
大華繼顯控股的投資研究負責人Mohd Sedek Jantan指出，當地貨幣的強勢還得益於美國經濟增長數據的強勁以及全球經濟活動強勁將推動石油需求的預期。他補充說，布倫特和WTI原油價格在週二上漲，進一步支持了林吉特。
他觀察到：「此外，今日亞洲美元指數也呈上升趨勢，通常表明一籃子亞洲貨幣的價值正在對美元加強。」
儘管有這些增益，林吉特對主要貨幣的表現卻是喜憂參半。它對日元升值，交易於2.8534/8579，相較於2.8547/8586有所上升。然而，對英鎊則貶值，匯率爲5.6237/6318，相比於5.6209/6278，歐元也貶值至4.6624/6692，相對之前的4.6603/6660。
在東盟貨幣中，林吉特呈現出混合趨勢。針對新加坡元貶值，匯率爲3.2989/3041，相較於3.2979/3024，而與菲律賓披索保持平穩，匯率爲7.66/7.68。同時，林吉特對印尼盾幾乎沒有變化，匯率爲276.8/277.4，相較於276.9/277.4，但對泰銖升值至13.1066/1363，之前爲13.1283/1517。
