Ringgit climbs to 4.0365 as Malaysian yields rise, US fiscal worries mount
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Ringgit climbs to 4.0365 as Malaysian yields rise, US fiscal worries mount
KUALA LUMPUR, Aug 21 — The ringgit ended the week on a strong footing against the US dollar despite higher United States Treasury yields. The local currency was supported by rising Malaysian yields and growing investor concerns that recent US bond-market intervention could weigh on the greenback. A»»»
Ringgit opens higher against major currencies, eases vs dollar
KUALA LUMPUR: The ringgit opened higher against most major currencies but eased slightly against the US dollar on Friday as investors turned cautious amid escalating tensions between the US and Iran, an economist said. At 8am, the local currency eased to 4.0430/4.0500 against the greenback from Thu»»»
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