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Ringgit ends lower against US dollar on technical correction

The Star Business LogoThe Star Business1 mo ago

Ringgit ends lower against US dollar on technical correction

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KUALA LUMPUR: The ringgit ended lower versus the US dollar today as the local note experienced a technical correction due to profit-taking activities, dealers said.

It gained against the Singapore dollar to 3.1645/1671 from 3.1726/1742 and strengthened against the euro to 4.6227/6259 from 4.6527/6543 yesterday.

At the time of writing, global benchmark Brent crude oil was traded at US$118.2 per barrel, up by 0.20 per cent.


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Article Details

Author / Journalist: The Star Online

Category: Economy

Topics: Forex /Business/Business News Ringgit US dollar Brent crude oil

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-29, 19:00:00

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Reading Time: 1 minutes read

Article Length: 176 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 20134

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About The Star Business

The Star Business Logo

Main Topics: Economy

Official Website: thestar.com.my

Update Frequency: 35 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 53m ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #22

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