Ringgit eases as demand shifts to safe-haven currencies


KUALA LUMPUR: The ringgit eased against the US dollar in early trading today as investors turned cautious on the local note, as fears of a second wave of COVID-19 fuelling demand for the safe-haven currencies such as the US dollar.

As at 9.18am, the ringgit was quoted at 4.2770/2830 against the US dollar from 4.2750/2810 at the close yesterday.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
ringgit , US dollar

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Watts from water
Singapore’s financial sector a big winner
Up in Arms - or up the value chain?
Asia bonds for diversification
Smart city can’t beat the traffic
Powering a new reinvestment cycle as demand surges
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read