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

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 / 7mth

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

Malaysia / 11mth

Ringgit hits RM4.16 against US dollar, emerging as Asia's best-performing currency - Anwar

Spotlight

Malaysia

Haze: Schools in Johor, Melaka, and Negeri Sembilan to close tomorrow

Malaysia

Tun Mahathir’s health improves, but not ready to leave hospital

Malaysia

LPT3 row puts Kelantan’s infrastructure priorities under scrutiny

Malaysia

Terengganu royal family member sues two banks over RM1.99m missing from savings

Malaysia

Irene Sofiya murder probe referred to Johor prosecutors for review

Malaysia

Teacher denies negligence charges over fatal school SUV crash in Kota Bharu

Malaysia

Sulaiman Md Ali opts out of Melaka polls, will not defend Lendu

You may be interested

Business

Oil prices rise as Gulf attacks threaten supply recovery

Business

Oil prices stay above US$93 as Middle East tensions put pressure on ringgit

Business

SC targets stronger board oversight through higher standards for company secretaries