Ringgit opens lower vs US$ as demand for greenback strengthens


KUALA LUMPUR: The ringgit opened lower against the US dollar due to higher demand for the greenback amidst the ongoing conflict in the Middle East.

At 9 am, the local currency fell to 4.7750/7785 against the greenback from last Friday’s close of 4.7655/7700.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 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

Mixed outlook for Swift Haulage earnings potential
Gold and silver jump to record highs on Greenland tariff threats
Japan bonds slump as food tax cut talk adds to election risk
Lianson Fleet set for improving earnings visibility
Advance GDP signals stronger end to 2025
Growing market liquidity poised to buoy Nestle�
Recovery in glove sector ongoing but threats linger
EU weaponising US assets a risk, Deutsche Bank’s Saravelos says
Iran’s real oil risk is labour strikes, not bombs
Genting Plantations earnings to face setback

Others Also Read