Ringgit continues upward momentum against US$ on US-China trade tensions


At 9.03 am (0103 gmt), the ringgit was quoted at 4.0530/0600 against the greenback compared with Tuesday 's close of 4.0445/0485.

KUALA LUMPUR: The ringgit continued its upward momentum against the greenback early Monday due to weakening of the dollar as concerns arose in the United States over a second government shutdown and the ongoing US-China trade tension.

As at 9am (0100 gmt) Monday, the local note stood at 4.0630/0660 against Friday's close of 4.0670/0720.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

ringgit , dollar , yen , yuan , euro , pound , Singapore , British , Forex , US , China , trade , talks ,

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read