Ringgit opens easier against US$ on prevailing caution

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KUALA LUMPUR: The ringgit opened lower against the US dollar today as investors remained in favour of the safe haven currency amid a cautious global economic outlook, an economist said.

As such, today’s dynamic is likely to be fairly stable against the US dollar," he told Bernama.

At 9 am, the ringgit fell to 4.7145/7190 against the greenback compared to yesterday’s close of 4.7080/7110.

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Category: EconomyBusiness

Markets: MalaysiaIndonesiaJapanSingapore

Topics: /Business/Business News Forex US dollar Ringgit Bank Muamalat Afzanizam Abdul Rashid DXY

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-21 @ 09:53:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 342 words

Reading Time: 2 minutes read

Sentences: 14 lines

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Copyright Owner: © The Star

News ID: 21324735

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