Ringgit opens lower vs greenback on strong US retail sales


KUALA LUMPUR: The ringgit opened lower against the US dollar for the second consecutive day today as the greenback strengthened following robust US retail sales data for March, said an analyst.

At 9.20 am, the local currency eased to 4.7885/7910 versus the US dollar from Monday’s closing of 4.7785/7815.

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

Bank Islam records higher net profit of RM139.12mil in 2Q
IJM subsidiary secures semiconductor and medical technology projects worth RM909.5mil
Alliance Bank's earnings rises to RM248.32mil
Public Bank records net profit of RM1.82bil in 2Q, dividend of 10.5c/share
Proton targets 200,000 sales in 2026 as xEV share reaches 17%
UOB Malaysia completes Malaysia's first brokered MYOR-based interbank transaction with RHB, Maybank
Asian stocks hesitant before Nvidia, oil slips on Hormuz hopes
Oil prices slide 2% on Iran-Oman talks to reopen Strait of Hormuz
Corporate earnings to drive individual stock performance
Ringgit opens higher against US$ as US Treasury yields ease

Others Also Read