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

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