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Ringgit starts week softer vs US dollar after holiday break
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Ringgit starts week softer vs US dollar after holiday break
KUALA LUMPUR: The ringgit opened slightly lower against the US dollar on Wednesday as better-than-expected United States (US) economic data and uncertainty in the Middel East kept the greenback ticking higher. At 8am, the local currency slipped to 3.9680/3.9725 against the greenback from last Friday’s close of 3.9625/3.9670. Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said the ringgit showed some weakness as trading resumed after…
·Kuala Lumpur, Malaysia
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