KUALA LUMPUR, May 25 — The ringgit extended its downtrend against the US dollar this morning, breaching the 4.6 level as the greenback continued to strengthen on the expectation of an interest rate hike in the United States (US).
KUALA LUMPUR, Feb 27 — The ringgit opened lower against the US dollar on better demand for the greenback driven by strong US yields, analysts said.
KUALA LUMPUR, March 19 — The ringgit reversed Thursday’s gains to open lower against the US dollar today amid falling crude oil prices and a spike in the United States (US) Treasury yields.
KUALA LUMPUR, March 5 — A combination of factors including the rise in 10-year US Treasury yield and China's modest 2021 gross domestic product growth forecast have weighed on the ringgit's performance against the US dollar Friday, despite firmer oil prices.
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