Sections

About

Get the app

Follow us on

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 / 3mth

Ringgit edges higher against US Dollar amid subdued market sentiment

Business / 4mth

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

Business / 5mth

BNM ensures orderly financial markets amid global uncertainties

Malaysia / 5mth

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

Places / 8mth

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

Malaysia / 9mth

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

Spotlight

Malaysia

RM245m Penang Hill cable car project 32 per cent complete - CM

By Ian McIntyre

Malaysia

Six locals charged over alleged kidnapping of Singaporean couple in Johor

Malaysia

PM: No political, racial or religious shield for those found guilty in TH, Felda probes

Malaysia

Singapore security guard jailed 14 days, fined RM7,000 for insulting Islam

Health

Dengue cases soar 56% to 58,079 as nation records 55 deaths

Malaysia

NGOs urge BERSAMA to put Indian community agenda on political radar

By Alfian Z.M. Tahir

Health

MOH warns seniors against unproven hydrogen inhalers

Malaysia

Former Tabung Haji CEO remanded seven days as MACC RCI probe deepens

Malaysia

21 held in KLIA-Nilai crackdown on alleged online love scam syndicate

You may be interested

Business

Independent review needed, not blind denial, to address US claims – maritime expert

Business

Oil prices surge as US-Iran standoff, Ukraine strikes rattle global energy markets

Business

Robo.ai expects shareholders’ equity to turn positive after restructuring

By Alfian Z.M. Tahir