Ringgit opens lower against the US dollar
KUALA LUMPUR: The ringgit opened lower against the US dollar as the greenback stayed firm, driven by a jump in US Treasury yield amid uncertainties surrounding the United States (US) debt ceiling talks, said an analyst. At 9 am, the local note stood at 4.5790/5820 versus the greenback from Tuesday’s closing rate of 4.5700/5750. Bank […]
Ringgit expected to trade 4.07-4.10 against US dollar next week
KUALA LUMPUR: The ringgit is expected to witness cautious trading against the greenback next week on the possibility of higher 10-year United States (US) Treasury yields, which will likely increase the risk appetite for the US dollar, an analyst said. “Assuming that no surprises emerge from the US data this week, I expect the ringgit/US […]
