Ringgit slips as daily Covid cases rise


  • Forex
  • Wednesday, 07 Jul 2021

KUALA LUMPUR: The ringgit slid by 70 basis points against the US dollar today despite the firmer crude oil prices, as cautious sentiment prevailed after the local COVID-19 daily tally rose above 7,000 yesterday.

At 9 am, the local note was traded at 4.1600/1620 against the greenback from 4.1530/1560 at Tuesday’s close.

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Ringgit , US dollar , COVID-19 , Vaccination , FOMC 

   

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