Business

Ringgit opens slightly lower amid weaker oil price

Local currency eases to 4.1170/1190 against the greenback

Updated 5 years ago · Published on 10 Jun 2021 9:24AM

Ringgit opens slightly lower amid weaker oil price
Investors are keeping a close eye on CPI data and the Initial Jobless Claims in the US, which are likely to be the main market movers today. – AFP pic, June 10, 2021

KUALA LUMPUR – The ringgit opened slightly lower against the US dollar today amid mixed sentiments, coupled with weaker oil price, a dealer said. 

At 9.01am, the local currency eased to 4.1170/1190 against the greenback from yesterday’s close of 4.1165/1175. 

ActivTrades trader Dyogenes Rodrigues Diniz said investors will keep a close eye on the Core Consumer Price Index (CPI) data and the Initial Jobless Claims in the United States, which are likely to be the main market movers today. – Bernama, June 10, 2021

Related News

Business / 4d

Moves in major US stock indices could spill into currency and gold markets

Business / 1mth

Central bank policies remain crucial in shaping currency market movements

Off beat / 1mth

Malaysia’s ‘Happy Potato’ enters 4 new markets in 6 months

Business / 4mth

Ringgit edges higher against US Dollar amid subdued market sentiment

Malaysia / 4mth

Money, jewellery overflowed on the floor of Pavilion Residences - Witness

Business / 5mth

Ringgit retreats to 4.00 versus the US Dollar amid West Asia ceasefire uncertainties

Spotlight

Anwar unveils six measures for Malaysians ahead of Merdeka

By Alfian Z.M. Tahir

Malaysia

Xavier Jayakumar warns racial, religious politics could erode Malaysia’s unity

Malaysia

DOE: Close schools, kindergartens if API tops 200

Malaysia

WhatsApp messages help rescue of two brothers lost in Bukit Putus

Malaysia

King grants audience to Anwar, briefed on Merdeka Day preparations

Opinion

Merdeka: This is our Malaysia – and you will not take it from us

By Vinod Sekhar

World

Covid-19 fears return in South Korea as mask, test kit sales surge

World

91 Malaysians still unaccounted for after Nepal-China floods

You may be interested

Business

Oil prices fall as Hormuz reopening hopes offset Iran tensions

Business

Property developer, Matrix Concepts sets RM1.8b FY2027 sales target