Ringgit opens marginally lower against US$ on better US manufacturing PMI data


KUALA LUMPUR: The ringgit opened marginally lower against the US dollar due to the lack of demand for the local note after the US business output climbed in October.

The S&P Global Manufacturing Purchasing Managers’ Index (PMI) has rose to 50 in October 2023, an improvement from September's 49.8.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

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!

Next In Business News

FBM KLCI extends decline, underperforms regional markets
ASNB enhances zakat fulfilment via new zakat al-mustaghallat, khultah method
Indonesia raises rates in surprise move to prop up sinking rupiah
Exports help BYD to win back sales crown
EPF, PNB and KWAP to allocate capital to support MY Value Up principles
Bank Negara international reserves rise to US$130.6bil
Gold rises on weaker oil; inflation, rate outlook in focus
CIMB says ‘good time’ to invest in battered Indonesia, seeks M&A
Indonesian rupiah strengthens after surprise BI rate hike
Shipbuilder speeds up its green transition

Others Also Read