US EditionRinggit opens lower on cautious sentiment after tariff policy update
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Ringgit opens lower on cautious sentiment after tariff policy update
KUALA LUMPUR, July 8 — The ringgit opened lower against the US dollar on Tuesday as market sentiment turned cautious following the United States’ (US) latest reciprocal tariff policy adjustments, which will take effect on August 1, 2025, said an analyst. At 8 am, the local note depreciated to 4.2345/2430 versus the greenback from Monday’s close of 4.2310/2400. Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the US Dol…
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