Ringgit, baht lead Asian FX lower as dollar firms on trade optimism

Quick Summary:

THE Malaysian ringgit and Thailand's baht led losses among subdued Asian currencies on Friday, as a firmer dollar weighed on sentiment, while regional shares steadied after a U.S.-UK trade deal sparked hopes for broader diplomatic progress.

The currency traded flat on Friday, but was on track for a weekly gain of 2.5%.

Its Asian equities counterpart rose 0.4%, but was set to snap a four-week winning streak with a 0.6% weekly loss.** Taiwan April exports jump 30% ahead of U.S.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaIndiaIndonesiaSouth KoreaPakistanPhilippinesSingaporeSwitzerlandTaiwanThailand

Topics: Currencies Ringgit /Business/Business News Forex US dollar Thai baht Asian

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-09 @ 16:00:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 29 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 28509694

View Article Analysis

About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 43 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 3 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: #22

Publisher Details

Frequently Asked Questions