Ringgit slips to new all-time low vs US $ at opening


KUALA LUMPUR: The ringgit slipped to a fresh all-time low against the US dollar at the opening on Wednesday, breaching the 4.5600 level due to the lower oil prices, coupled with the strengthening of the greenback, a dealer said.

At 9 am, the local currency slid to 4.5640/5680 against the greenback from 4.5585/5595 at yesterday’s close.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Ringgit , US dollar , FOMC , ActivTrades , Interest rate , Fed

   

Next In Business News

DBKL’s tax moves on KLites questioned
Cash purchase vs mortgage
The intriguing viability of themed rentals
Sime Darby Property's Elmina Lakeside Mall achieves 99% occupancy
Sime Darby Property's Elmina Lakeside Mall hits 99% occupancy
Ringgit likely to face cautious trading next week
Key stocks to watch in 2025
Sime Motors partners with PSM to advance green mobility
Asia and EMs offer compelling value
GDA INCHES CLOSER TO 90% ACCEPTANCE

Others Also Read