Ringgit edges up against US$, major currencies in early trade


KUALA LUMPUR: The ringgit opened marginally firmer against the US dollar and other major currencies on Wednesday, supported by modest demand, as traders remained cautious and monitored ongoing economic developments.

At 8 am, the local currency traded at 4.0525/0575 against the greenback, compared with Tuesday’s close of 4.0530/0580.

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

Next In Business News

YTL REIT leases AC Hotel Puchong to YTL Corp unit
Binastra to sustain growth momentum
SC launches FIKRALab to drive development of Islamic capital market products
FBM KLCI ends at day’s low, ringgit hits two-month low
Gold drops 1% as markets assess Mideast ceasefire prospects
Margma urges relief measures amid NBR shortage due to Hormuz blockade
Berjaya Sompo appoints Soo Wai Har as CEO
Golden Destinations eyes RM90mil from ACE market IPO, to allocate RM50mil for new HQ
Philippine central bank holds rate at 4.25% as inflation risks rise
CIMB named best retail, SME bank in Malaysia by The Asian Banker

Others Also Read