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Ringgit opens marginally higher as greenback eases

The Star Business LogoThe Star Business6d ago

Ringgit opens marginally higher as greenback eases

Quick Summary

KUALA LUMPUR: The ringgit opened marginally higher against the US dollar today on renewed buying interest amid slightly easing demand for the greenback due to softer US Treasury yields, said an analyst.

Billionaire Warren Bufett's Berkshire Hathaway buys 9.

"This was toned down when Fed chairman Jerome Powell testified before the US Senate Banking Committee," he said.


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Article Details

Author / Journalist: The Star Online

Category: Business

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

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 10:58:00

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Reading Time: 2 minutes read

Article Length: 281 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 5065

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About The Star Business

The Star Business Logo

Main Topics: Business

Official Website: thestar.com.my

Update Frequency: 14 posts per day

Year Established: 1971

Headquarters: Malaysia

Last Updated: 42m ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Languages Covered: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #22

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