Ringgit opens lower amid safe-haven flows


KUALA LUMPUR: The ringgit opened slightly lower against the US dollar despite the firmer crude oil price, as global concerns on the rising COVID-19 cases continue to trigger some safe-haven flows into the greenback.

At 9 am, the local note stood at 4.1910/1935 against the greenback from 4.1900/1930 on Monday’s close.

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 , Oil price , OANDA , Bank Islam 

Next In Business News

Jinhua – a trading hub without borders
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Powering a new reinvestment cycle as demand surges
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read