KUALA LUMPUR, June 29 — The ringgit opened lower against the US dollar today in a cautious mode as the greenback remained strong as a safe-haven currency amid fears of a second wave of Covid-19. As at 9.08am, the ringgit was quoted at 4.2900/2970 against the US dollar from 4.2890/2930 at the...
With safe-haven currencies favoured, the ringgit opens lower against the greenback. — Bernama pic
As at 9.08am, the ringgit was quoted at 4.2900/2970 against the US dollar from 4.2890/2930 at the close last Friday. “The agency on Friday downgraded our domestic economic outlook to negative from stable, reflecting heightened risks of a further deterioration in its fiscal settings, related to the Covid-19 pandemic.
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