Ringgit falls against greenback on US economy optimism - News Summed Up

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Ringgit falls against greenback on US economy optimism


KUALA LUMPUR: The ringgit was slightly lower against the US dollar at the opening today on lack of demand for the local note, while the greenback is attracting interest on optimism over the US economy, a dealer said. As at 9am, the ringgit opened lower against the greenback at 4.1460/1500 compared with 4.1445/1485 at Friday’s close. Asked if the ringgit would be able to climb higher against the US dollar this year, Innes believes the answer is "yes”. Against other major currencies, the ringgit was traded mostly higher except against the Singapore dollar, falling to 3.0784/0821 from 3.0778/0814 at Friday’s close. - BernamaArticle type: metered User Type: anonymous web User Status: Campaign ID: 46 Cxense type: free User access status: 3


Source: The Star March 29, 2021 02:26 UTC



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