Ringgit ends marginally higher vs dollar


KUALA LUMPUR: The ringgit was traded in a tight range against the US dollar yesterday as market participants were cautious about the Federal Open Market Committee (FOMC) meeting today and tomorrow, says an economist.

At 6pm, the local note rose marginally to 4.48.30 and 48.85 versus the greenback compared with Friday’s closing rate of 4.48.50 and 48.80. Meanwhile, the ringgit was traded lower against a basket of major currencies. The local note fell against the Japanese yen to 3.41.77 and 42.24 from 3.36.79 and 37.04 at Friday’s close. — Bernama

., declined versus the British pound to 5.46.57 and 47.24 from 5.43.90 and 44.26 and slipped vis-a-vis the euro to 4.78.43 and 79.01 from 4.77.43 and 77.75 previously. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

IGB REIT records net profit of RM81.55mil, distributable income of 2.56/unit
ViTrox posts net profit of RM28.1mil in 2Q
SC adds 2 unauthorised entities, 4 potential clone entities to investor alert list
Asean Digital Economy Framework expected to conclude at Asean Summit 2025
Malaysia's nominal GDP for 2023 amounts to RM1.8 trillion
More inclusive approach needed
Tech slump knocks Asia shares, yen towers at 2-1/2-month peak
Nestle lowers full-year guidance on quicker-than-expected price fall
Luxchem records earnings jump to RM12.2mil in 2Q
Oil falls on weak China demand concerns, Mideast ceasefire talks

Others Also Read