Ringgit ends lower against US dollar as investors turn cautious

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KUALA LUMPUR: The ringgit retreated to close lower against the US dollar on Monday as investors turned cautious in a data-packed week that included US inflation numbers, an economist said.

The local note traded mixed versus ASEAN currencies.

At the close, the ringgit was traded mostly higher against a basket of major currencies.

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Category: EconomyBusiness

Markets: MalaysiaIndonesiaJapanSingapore

Topics: Ringgit Donald Trump /Business/Business News US dollar Mohd Afzanizam Abdul Rashid Forex

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 19:07:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 314 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © The Star

News ID: 23515024

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Main Topics: EconomyBusiness

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