Ringgit opens slightly higher vs greenback on softer US policy outlook


KUALA LUMPUR: The ringgit opened slightly higher against the US dollar on Friday, holding at the 4.08 level, supported by growing expectations of a softer US monetary policy outlook and recent global central bank developments.

At 8 am, the ringgit strengthened to 4.0820/0940 against the US dollar from 4.0840/0880 at Thursday’s close.

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

Next In Business News

Malaysian financial markets show resilience despite global uncertainty
TNB unit issues RM1.5bil sustainability sukuk wakalah
Mah Sing signs supplemental agreements for Johor land acquisition
Citi shuts most UAE branches temporarily as banks evacuate offices in region
Oasis Home in JV to strengthen presence in Singapore’s e-commerce market
EcoWorld 1Q net profit surges to RM156.41mil
Bank Negara issues technology risk policy for payment service regulatees
Ringgit eases vs US dollar on cautious sentiment amid worries over oil supply
FBG wins RM15.5mil construction job from S P Setia
BAuto sees positive FY26 outlook as new models drive sales

Others Also Read