Ringgit falls, comments by Fed officials dampen rate cut hopes

KUALA LUMPUR, May 21 ― The ringgit retreated against the US dollar to open lower today as the risk mood was dampened by cautious US Federal Reserve official's...

UiTM V-C defends students wearing black, says it’s to show their identity and not a protest against call to open up varsity to non-BumiKUALA LUMPUR, May 21 ― The ringgit retreated against the US dollar to open lower today as the risk mood was dampened by cautious US Federal Reserve official's comments.

The ringgit was traded mostly lower against a basket of major currencies, except versus the Japanese yen, where it broke the 2.90 level.The ringgit, however, fell against the euro to 5.0944/0988 from 5.0921/0948 and slid vis-a-vis the British pound to 5.9613/9664 from 5.9518/9550.

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Ringgit Vs Us Dollar

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