Ringgit breaks 4.00 against US dollar, highest since May 2018 on policy stability
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Ringgit breaks 4.00 against US dollar, highest since May 2018 on policy stability
KUALA LUMPUR, Jan 26 — The ringgit spiralled to breach the 4.00 psychological level at the close today against the US dollar, as the currency extended its uptrend that began last week, reflecting improving sentiment toward the country’s economic fundamentals and policy stability. At 6 pm, it was qu»»»
Ringgit opens lower as greenback strengthens
KUALA LUMPUR: The ringgit opened lower against the greenback as the US Dollar Index (DXY) overnight strengthened, boosted by rising US Treasury yields, said an analyst. At 9am, the local note fell to 4.4130/4185 versus the greenback from yesterday’s closing rate of 4.4070/4120. Bank Muamalat Malays»»»
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