Ringgit now RM4.049 to the dollar, five-year high on weaker greenback in early trade
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Ringgit now RM4.049 to the dollar, five-year high on weaker greenback in early trade
KUALA LUMPUR, Dec 24 — The ringgit climbed to another five-year new high against the US dollar in early Wednesday trade, supported by a weaker greenback as the US dollar index (DXY) weakened. At 8 am, the local currency surged to 4.0490/0710 against the greenback from 4.0615/0665 at yesterday’s clo»»»
Ringgit ends lower amid profit-taking, lack of fresh catalysts
KUALA LUMPUR: The ringgit ended lower against the US dollar today due to profit-taking and a lack of fresh market catalysts. Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said the ringgit requires a further catalyst to appreciate further. “Ringgit was oscillating within a narrow range»»»
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