Ringgit closes lower against US dollar as China concerns weigh


KUALA LUMPUR: The ringgit retreated to close lower against the greenback today, along with other emerging currencies, due to concerns over China's weak economic data, an analyst said.

At 6 pm, the local note weakened to 4.5175/5200 against the US dollar compared with 4.5050/5090 at Monday’s close.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

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!

Next In Business News

Enra subsidiary signs MOU with Boustead for Navy systems and support services
Oil falls on expectations US-Iran talks likely to proceed, opening supply
Weststar targets bigger defence footprint as segment makes up 25% of business
IOIPG shares rise on S$2.48bil Singapore acquisition plan
KK Mart plans Bursa Malaysia IPO with 840 million share offering
Ringgit opens higher against US$ ahead of US-Iran ceasefire expiry
FBM KLCI stays above 1,700 as risk sentiment improves
Trading ideas: IOIPG, Genting, MRCB, LCTitan, ES Sunlogy, NTPM, Mudajaya, Varia, Destini, A1, Dnex, Tanco
Wall Street closes slightly down on renewed tensions between US, Iran
M-REITs bulwark in uncertain landscape

Others Also Read