Ringgit opens higher vs US$, major Asean currencies


KUALA LUMPUR: The ringgit opened higher against the US dollar and major Asean currencies ahead of the release of the United States’ (US) inflation data, supported by soaring oil prices, said an analyst.

At 9 am, the local note rose to 4.6720/6760 against the greenback from Tuesday’s close of 4.6755/6805.

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 , Stephen Innes , US dollar , Asean 

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Watts from water
Singapore’s financial sector a big winner
Up in Arms - or up the value chain?
Asia bonds for diversification
Smart city can’t beat the traffic
Powering a new reinvestment cycle as demand surges
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read