KUALA LUMPUR: The ringgit extended its downtrend to close lower today against the greenback for the fourth consecutive day following US Federal Reserve (Fed) chairman Jerome Powell’s hawkish tone in his statement on US monetary policy on Thursday.
At 6 pm, the ringgit slid to 4.7065/7105 against the greenback from Thursday’s close of 4.6895/6965.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
