KUALA LUMPUR: The ringgit extended last Friday’s loss to end easier against the US dollar on Monday on profit-taking following recent gains amid caution ahead of a US jobs report at the end of this week, an analyst said. At 6 pm, the local currency fell to 4.3550/3600 versus the greenback from last Friday’s close of...
KUALA LUMPUR: The ringgit opened on a positive note against the US dollar today on subdued demand for the American dollar due to weaker economic data from the United States (US). At 9.01 am, the ringgit strengthened to 4.7000/7060 versus the greenback from Thursday’s close of 4.7020/7070. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul...
KUALA LUMPUR: The ringgit retreated against the US dollar to open lower on Tuesday as the risk mood was dampened by cautious US Federal Reserve official's comments. At 9 am, the ringgit fell to 4.6910/6950 versus the greenback from Monday’s close of 4.6850/6875. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said as expected,...
