KUALA LUMPUR, Aug 9 — The ringgit closed lower against the US dollar on Monday as the high number of daily Covid-19 cases continued to weigh on sentiment, a dealer said. At 6pm, the local note stood at 4.2270/2300 versus the greenback compared with 4.2180/2205 at the close last Friday. The dealer...
KUALA LUMPUR, Aug 9 — The ringgit closed lower against the US dollar on Monday as the high number of daily Covid-19 cases continued to weigh on sentiment, a dealer said.
At 6pm, the local note stood at 4.2270/2300 versus the greenback compared with 4.2180/2205 at the close last Friday. The dealer said the lower Brent crude oil price has also put a pressure on the local note, as the increasing cases of Covid-19 globally dampened oil demand outlook.The Ministry of Health reported 17,236 new Covid-19 cases in the country today, bringing the cumulative total infections to 1,279,776, with Selangor remaining the largest contributor at 5,740 new infections, followed by Kuala Lumpur , Kedah , and Sabah .
Meanwhile, at the close, the local note was traded mostly higher against a basket of major currencies. The ringgit rose against the Japanese yen to 3.8382/8413 from 3.8415/8442 at Friday’s close, appreciated vis-a-vis the euro to 4.9718/9753 from 4.9815/9844, and improved against the Singapore dollar to 3.1179/1206 from 3.1219/1240 previously.Related Articles
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 lower against US dollar at opening | Malay MailKUALA LUMPUR, Aug 9 — The ringgit opened the week on a weaker note as investors continued to worry over Malaysia’s highest daily Covid-19 cases. At 9.02am, the local note stood lower at 4.2230/2250 versus the greenback compared with 4.2180/2205 at Friday’s close. On Friday, Malaysia recorded...
Read more »
US top Olympic medal table as delayed Games draw to close | Malay MailTOKYO, Aug 8 — Eliud Kipchoge produced a marathon masterclass and the USA edged China at the top of the Olympics medals table as the curtain was set to fall on the biggest sports event since the pandemic on Sunday. After Kipchoge’s marathon win for Kenya, volleyball, track cycling and...
Read more »
Tokyo counts cost of US$15b pandemic Olympics ‘gamble’ | Malay MailTOKYO, Aug 9 — Tokyo awoke to a huge bill and soaring coronavirus cases on Monday after pulling off a mid-pandemic Olympics that at times looked impossible and had a mixed reception to the end. Olympic officials have been predictably bullish, saying the Games offered hope and uplifting moments,...
Read more »
China Telecom eyes US$8.4b Shanghai IPO, world’s biggest in 2021 | Malay MailSHANGHAI, Aug 9 — China Telecom could raise more than US$8 billion (RM33.7 billion) in a Shanghai initial public offering that would be the biggest this year, months after it was delisted in the United States amid Washington’s stand-off with Beijing. The firm said it had priced its offer at...
Read more »
Jessica Springsteen wins Olympic equestrian team silver with US | Malay MailTOKYO, Aug 7 — Jessica Springsteen, daughter of American rock legend Bruce Springsteen, won equestrian jumping team silver with the United States at the Tokyo Olympics today for her first Games medal. The 29-year-old, who fell short in qualifying for the individual jumping final on her horse Don...
Read more »
Box office: ‘The Suicide Squad’ underwhelms with US$26.5m debut | Malay MailLOS ANGELES, Aug 9 — The Suicide Squad, the R-rated comic book adaptation directed by James Gunn, underwhelmed in its box office debut, collecting US$26.5 million (RM111.9 million) from 4,002 North American theatres. Those ticket sales were easily enough to lead domestic box office charts despite...
Read more »