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KUALA LUMPUR: The ringgit rebounded to open slightly higher against the US dollar today on renewed buying interest amid slightly easing demand for the greenback due to a softer US Treasury yield, an analyst said.
KUALA LUMPUR: The ringgit slid further to open lower at RM4.4 against the US dollar, the lowest since March 2020 following a hawkish stance by the US Federal Reserve (Fed) to tighten its monetary policy.
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar today in tandem with the Chinese yuan following positive development in Shanghai, an analyst said.
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar today amid firmer global oil prices, an analyst said.
WHILE Malaysians are revelling with the economy reopening, many are seemingly unaware of recession clouds gathering over the rest of the world.
KUALA LUMPUR: The ringgit is playing catch up to the US dollar as surging global interest in the greenback increases its demand and value tremendously.
The ringgit is expected to trend downward against the US dollar this week on lack of catalysts, according to an analyst.