Ringgit opens slightly firmer against US$ amid global uncertainty

Quick Summary:

KUALA LUMPUR: The ringgit opened marginally higher against the greenback on Friday, trading with a wider spread amid lingering uncertainty over global tariffs and weak US economic data, an economist said.

At 8 am, the local currency inched up to 4.3115/3310 versus the greenback from Wednesday’s close of 4.3130/3185.

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Category: EconomyBusiness

Markets: MalaysiaIndonesiaJapanSingapore

Topics: DXY US dollar Opening Tariff /Business/Business News Forex Mohd Afzanizam Abdul Rashid ISM Index Ringgit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 08:55:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 380 words

Reading Time: 3 minutes read

Sentences: 18 lines

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Copyright Owner: © The Star

News ID: 28314441

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