The local note fell against the US dollar over Covid-19 fears.
The ringgit continued yesterday’s downtrend to open lower against the US dollar today, as fears over the fast-spreading Covid-19 pandemic curbed traders’ risk appetite, said a dealer.
He said Malaysia’s 2020 economic stimulus package announced last month to mitigate the impact of the Covid-19 failed to support the ringgit, as another 125 people were confirmed to be infected with the coronavirus yesterday, escalating worries among the people and prompted the authority to take drastic action.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ringgit continues downtrend at openingStimulus package announced last month fails to support the local note. FMTNews
Read more »
Ringgit continues downtrend at openingKUALA LUMPUR: The ringgit continued yesterday’s downtrend to open lower against the US dollar today, as fears over the fast-spreading COVID-19 pandemic curbed traders’ risk appetite, said a dealer.
Read more »
Ringgit opens easier against US dollarDecline of global oil prices and Covid-19 concerns hit the local note hard. FMTNews Ringgit
Read more »
Covid-19: UTHM Pagoh campus closed for decontamination processUTHM says quarantine and screening process would continue to be conducted according to existing procedures.
Read more »
Orang Asli research, volunteer programmes suspended over Covid-19Jakoa says these programmes can continue once the outbreak subsides. FMTNews OrangAsli Jakoa
Read more »
Ferrari suspends production over coronavirusItalian automaker says supply chain problems have emerged to the point 'continued production' cannot be ensured. FMTNews Ferrari Coronavirus
Read more »