text: [{"text_idx": "#000003", "text": "Ringgit closes higher against the US dollar"}, {"text_idx": "#000004", "text": "KUALA LUMPUR: The ringgit ended higher against the US dollar today as risk appetite in the market was weighed down by cautious sentiment."}, {"text_idx": "#000005", "text": "A dealer stated that traders turned cautious ahead of US Federal Reserve (Fed) chairman Jerome Powell\u2019s speech at the Jackson Hole Symposium later tonight, shifting demand towards other currencies."}, {"text_idx": "#000007", "text": "\u201cThe market has been directionless for the past few days and investors are looking for a fresh lead on the greenback as well as the ringgit,\u201d he told Bernama."}, {"text_idx": "#000008", "text": "At 6pm, the local note rose to 4.6385/4.6430 against the greenback from 4.6435/4.6485 at yesterday\u2019s close."}, {"text_idx": "#000009", "text": "Earlier, the statistics department announced that Malaysia\u2019s Consumer Price Index (CPI) cooled to 2% in July 2023 \u2013 the lowest for the year."}, {"text_idx": "#000010", "text": "Inflation, which came in at 2.4% year-on-year in June, has shown a moderating trend since January, when it stood at 3.7%."}, {"text_idx": "#000011", "text": "Afzanizam said the lower CPI would lead to Bank Negara Malaysia (BNM) being less motivated to increase the overnight policy rate (OPR) in the near term."}, {"text_idx": "#000012", "text": "\u201cNonetheless, the ringgit has been in an oversold position against the greenback. Therefore, the possibility it might appreciate is something we cannot totally rule out,\u201d he said."}, {"text_idx": "#000014", "text": "Meanwhile, the ringgit was traded higher against a basket of major currencies."}, {"text_idx": "#000015", "text": "The local note was mostly higher against other Asean currencies."}, {"text_idx": "#000020", "text": "Syrian pound falls to near 10,000 against dollar"}, {"text_idx": "#000022", "text": "Ringgit impacted by exporters not repatriating earnings, says Rafizi"}, {"text_idx": "#000023", "text": "Ringgit starts on positive note but mood on Bursa less upbeat"}, {"text_idx": "#000024", "text": "Ringgit dibuka tinggi berbanding dolar AS"}, {"text_idx": "#000025", "text": "Sudah tercapai hasrat DAP-PH naikkan nilai ringgit?"}, {"text_idx": "#000026", "text": "Malaysia, Qatar collaborate to boost higher education sector"}]