Ringgit opens flat as greenback regains lost ground


KUALA LUMPUR: The ringgit opened flat versus the US dollar today on lack of new catalysts, as the greenback regained its traction due to the possibility of risk aversion returning to the markets.

The stalling of extra stimulus negotiations in past hours had given the greenback enough reason to reclaim lost ground after testing fresh multi-week lows, dealers said.

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!

   

Next In Business News

Worldwide, Masdar ink MoU
Microlink wins contract worth RM56mil
MAA to sell entire stake in Turiya for RM53mil
Gadang gets RM280mil data centre job
Powering on data centres
Wall St set to open higher on tech boost, PCE data
US inflation rises in line with expectations in March
Gamuda Land announces retail partners for Gamuda Gardens
YNH reaffirms bondholders with remedied technical defaults
Ringgit ends firmer against US dollar

Others Also Read