Ringgit opens higher against US dollar and Asean currencies amid cautious sentiment before Trump’s inauguration

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KUALA LUMPUR, Jan 20 — The ringgit edged higher against the US dollar this morning, buoyed by cautious sentiment ahead o...

It climbed against the Thai baht to 13.0504/0850 from 13.0664/0856, was little changed against the Indonesian rupiah at 274.8/275.4 versus 274.9/275.3, inched up on the Singapore dollar to 3.2926/2986 from 3.2948/2983, and was nearly flat against the Philippine peso at 7.68/7.70 compared with Friday’s 7.68/7.69.

The local currency also advanced against ASEAN counterparts.

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Category: EconomyBusiness

Markets: MalaysiaIndonesiaJapanSingapore

Topics: Asean currencies Trumps inauguration 2025 Ringgit vs us dollar

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 08:58:47 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 246 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 16 words per sentence (average)

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Copyright Owner: © Malay Mail

News ID: 25269497

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