Ringgit opens slightly higher ahead of GDP announcement


KUALA LUMPUR: The ringgit opened slightly higher against the US dollar today, ahead of the first quarter (Q1) gross domestic product (GDP) announcement by Bank Negara Malaysia (BNM) later today, an analyst said.

At 9 am, the local note stood at 4.3900/3950 versus the greenback from Thursday's close of 4.3935/3945.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
ringgit , GDP , BNM , economy , Stephen Innes

Next In Business News

Suria Capital appoints new chairman
Oxford Innotech wins RM4.8mil data centre job
AmBank Group finances Kedah solar project
MAG makes new executive leadership appointments
KIP-REIT expects higher traffic at its malls
TNB terminates renewable energy power purchase deal with Reneuco
Shin Yang in RM118mil vessel deal
Glovemakers shift focus as China floods markets
Sunway to proceed with IJM takeover�
Wasco to gain from transition to renewables

Others Also Read