Business

Ringgit rises slightly to 4.5 against greenback

Investors to focus on resolving US debt ceiling negotiations

Updated 3 years ago · Published on 22 May 2023 9:45AM

Ringgit rises slightly to 4.5 against greenback — At 9am, the local note rose to 4.5320/5375 versus the greenback from last Friday’s closing rate of 4.5350/5405. – Bernama pic, May 22, 2023

KUALA LUMPUR – The ringgit opened slightly higher despite a stronger United States dollar as investors focused on the resolution of the US debt ceiling negotiations this week.

At 9am, the local note rose to 4.5320/5375 versus the greenback from last Friday’s closing rate of 4.5350/5405. – Bernama, May 22, 2023

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