Ringgit falls vs US dollar at the close


KUALA LUMPUR: The ringgit ended lower against the US dollar as oil prices declined, and the pressure was exacerbated by growing anticipations of an aggressive interest rate hike decision by the United States Federal Reserve tomorrow, said an analyst.

At 6 pm, the local currency fell to 4.5585/5595 against the greenback from 4.5495/5515 at 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 , OANDA , Interest rate , Oil price

Next In Business News

KAF Digital Bank appoints Suzaini Mukhtar as CEO
Nomura sees optimistic outlook for Malaysian equities amid stronger ringgit
Govt expects fiscal deficit to shrink to 3.5% in 2026, says Amir Hamzah
Gold climbs back near US$5,100 as US-Iran tensions flare
MISC to supply liquefied carbon dioxide carrier to Northern Lights CCS project
Dollar steady, yen softer ahead of Japan election
JD to spend over US$180mil on worker bonus
Praveen Rajan assumes CEO role at PayNet
FBM KLCI slips amid broad market sell-down
Binastra unit secures RM503mil data centre development project

Others Also Read