Ringgit opens lower as investors turns to US dollar


KUALA LUMPUR: The ringgit opened lower against the US dollar, extending its downtrend from last Friday as investors turned to the safe haven greenback amidst the escalation of the conflict in the Middle East.

At 9 am, the local currency dropped to 4.7365/7305 against the greenback from Friday’s close of 4.7260/7305.

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!

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