Ringgit falls on lack of demand, Fitch's downgrade


KUALA LUMPUR: The ringgit opened easier against the US dollar today on lack of demand after gaining higher for the past three consecutive trading days amid firmer crude oil prices, said an analyst.

At 9 am, the ringgit was traded at 4.0830/0880 against the greenback from Friday's close of 4.0580/0620.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
ringgit , US dollar , Fitch , oil prices , Brexit , ECB , opening

Next In Business News

Government officials voice concerns over planned Bali financial hub
Chao Phraya attracts new hotels, mega-projects
EVFTA reshapes trade ties six years after launch
MISC expected to boost earnings profile
Seasonal dip likely to hit Hap Seng’s 2Q profit
Beijing eyes stability amid shift in growth drivers
Vietnam investors brace for volatile week after rebound
E&O’s latest land buy positive for firm
AI and chips are turning Malaysia into Asia’s growth standout
Malaysia's economic growth may exceed 5% in 2026

Others Also Read