Ringgit lower against greenback after US GDP announcement


KUALA LUMPUR: The ringgit was lower against the US dollar in early trade today as the greenback had strengthened after the United States (US) announced its gross domestic product (GDP) for the second quarter of 2023 (2Q 2023) last night.

At 9 am, the local note depreciated to 4.5490/5525 against the greenback compared with 4.5215/5260 at Thursday’s close.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Ringgit , Mohd Afzanizam , US Dollar , GDP , Fed 

Next In Business News

Malaysia Airlines staff named best in Asia, cabin crew at global 3rd place
Gulf IPO boom fizzles
Miniso helps rewrite toy sector story
Caught in the Fed’s crossfire
Converse bets on China for revival
RHB Bank stamps its mark�
The bond conundrum
Where innovation meets tradition
Aijek’s sustainable second act
AI binge tests risk appetite

Others Also Read