US economic data, trade uncertainty weigh on ringgit at close


KUALA LUMPUR: The ringgit ended the week lower against the US dollar on Friday as stronger US economic data fuelled demand for the greenback.

This came as lower-than-expected US initial jobless claims released overnight reinforced the narrative of a resilient  American labour market and boosted US Treasury yields, said SPI Asset Management managing partner Stephen Innes.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Dollar reels on criminal probe into Powell, gold hits record high
Building costs rise in Dec 2025 on higher cement, sand - DoSM
Oil edge up as Iran supply risk counters Venezuela export resumption
Singapore will measure GIC, Temasek performance against mandates, not other funds, minister says
Lianson Fleet unit completes disposal of vessel for RM40.65mil
Plantations, banks lead KLCI rally
Matrix Concepts completes fourth round of food aid programme
Stocks wobble, dollar tips as Trump-Fed feud deepens
AIBIM appoints Rafe Haneef as president
Foreign investors turn net buyers with RM42.5mil equities inflow last week

Others Also Read