Ringgit opens lower as US$ jumps on higher Treasury yields


KUALA LUMPUR: The ringgit failed to maintain its gains at the opening on Thursday, as it traded lower by 30 basis points (bps) against the US dollar, on lack of buying interest, said an analyst.

At 9.05 am, the local currency fell to 4.0520/0570 against the greenback from 4.0490/0530 at Wednesday's close.

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Ringgit , US dollar , Axi , Stephen Innes , OPEC+ , US yields

   

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