archiveringgit

Currencies

Ringgit opens lower against US dollar as global economic outlook weighs on Asian currencies

KUALA LUMPUR, June 9 — The ringgit opened lower against the US dollar today as the greenback strengthened amid renewed volatility from a challenging global economy outlook for the second half of 2025.At 8.03am, the local note stood at 4.2375/2560 against the greenback, easing from Friday’s close of 4.2270/2360.Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is expected to range between 4.23 and 4.24 today, following the stronger-than-expected United States (US) nonfarm payroll (NFP) data for May.He highlighted that the US NFP rose 139,000...
1 2
Page 1 of 2