Ringgit rises against US dollar on softer greenback

KUALA LUMPUR: The ringgit opened higher against the US dollar on Wednesday, supported by a weaker greenback after dovish signals from the US Federal Reserve (Fed).

At 8.01 am, the local note stood at 4.2220/2365 against the US dollar, up from Tuesday’s close of 4.2305/2355.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
ringgit , currencies , US dollar , Mohd Afzanizam , Fed , interest rate , Asean

Next In Business News
Fahmi: Malaysia's economy remains strong, continues to be the focus of foreign investors
Carimin acquires 19.5% stake in Sealink International for RM40mil
TNB terminates renewable energy PPA with Reneuco
Sunway to proceed with RM11bil takeover of IJM
KIP-REIT expects higher footfall across its malls
Oxford Innotech wins RM4.8mil data centre job
Suria Capital appoints Abd Rahman Dahlan as chairman
Ringgit closes higher amid US-EU tariff concerns, easing Japanese government bonds
Shin Yang secures RM117.7mil vessel deal
UOA REIT reports threefold profit increase in 4Q25

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.