Higher us bond yields weigh on ringgit in early trading


At 9.16 am (0116 gmt), the ringgit stood at 4.0870/0900 against the greenback from 4.0870/0910 at the close Wednesday.

KUALA LUMPUR: The ringgit was lower against the US dollar in early trade today as higher US bond yields hampered demand for the local note.

At 9.06 am, the local unit traded at 4.1270/1300 against the greenback from 4.1250/1300 at the close yesterday.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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 , US dollar

   

Next In Business News

CIMB Niaga's pre-tax profit rises 7.8% to 2.2 trillion rupiah
F&N profit jumps 63.5% in 2Q on the back of higher revenue
KSL acquires 183 acres of land in Johor for RM211.58mil
Sunway aims to accelerate decarbonisation efforts
Public Mutual declares distributions of RM130mil for four funds
Transocean changes name to Arka
Fire outbreak at paint processing plant not a subsidiary of Kossan
Duopharma gets RM578mil supply contract
FBM KLCI steps back 0.42% as YTL Power weighs
Hong Kong businesses shut shop as city struggles to revive post pandemic

Others Also Read