Sections

About

Get the app

Follow us on

Business

Ringgit opens higher against US dollar on back of RCEP signing

Trade deal inked by 15 countries yesterday

Updated 5 years ago · Published on 16 Nov 2020 10:48AM

Ringgit opens higher against US dollar on back of RCEP signing
At 9.06am, the ringgit stands weaker at 4.1150/1230 against the greenback. – The Vibes file pic, November 16, 2020

KUALA LUMPUR – The ringgit opened higher today against the US dollar, supported by the signing of the Regional Comprehensive Economic Partnership (RCEP) yesterday.

RCEP was inked by 15 countries, namely the 10 Asean members, as well as China, Japan, South Korea, Australia and New Zealand.

At 9.06am, the local currency stood weaker at 4.1150/1230 against the greenback.

This compares with Friday’s close of 4.1220/1260. – Bernama, November 16, 2020

Related News

Business / 5mth

Ringgit edges higher against US Dollar amid subdued market sentiment

Business / 6mth

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

Business / 6mth

BNM ensures orderly financial markets amid global uncertainties

Malaysia / 7mth

Middle East conflict: Brace for more expensive imports - Tengku Zafrul

Places / 10mth

Planning a year-end break? The Land of the Rising Sun beckons

Business / 10mth

RCEP should be given priority, says think tank

Spotlight

Diary

Penang reaffirms commitment to preserve heritage sites across the state

By Ian McIntyre

Opinion

AI: A Godsend for those with dyslexia in education and careers

Malaysia

Malaysia prepares for aged nation status by 2036

Malaysia

Mentally disabled suspect remanded for 7 days over fatal hammer attack in Marang

Malaysia

Masidi urges Putrajaya to address Sabah doctor shortage in upcoming Budget 2027

Malaysia

Police rearrest motivational speaker as second woman files harassment report in Perlis

Malaysia

Anwar vows zero compromise on school safety after alleged murder of teen Irene Sofiya

Malaysia

Classmates arrested as police probe fatal assault of 16-year-old Irene Sofiya

Malaysia

Loneliness, social media drive elderly pensions into hands of cyber scammers

Malaysia

Another desperate attempt by Nadzaruddin and former Undangs

You may be interested

Business

Oil supply risks mount as Brent tops US$102 on threat of Middle East shipping routes disruption

Business

Tabung Haji posts record RM4.64b profit on stronger investment performance