Highlights

June 29: Ringgit opens lower against US dollar

 Publish date: Fri, 29 Jun 2018, 12:14 AM

KUALA LUMPUR: The ringgit opened lower against the US dollar this morning amidst escalating trade tensions between the US and China.

At 9am, the local unit was quoted at 4.0440/0470 against the US dollar, from 4.0400/0450 recorded at Thursday's close.

Meanwhile, the ringgit traded mixed against a basket of other major currencies.

It rose against the yen to 3.6604/6641 from 3.6651/6703, and improved to 5.2871/2923 from 5.2940/3010 versus the British pound.

The local unit fell against the Singapore dollar to 2.9561/9590 from 2.9552/9593, and weakened compared to the euro to 4.6781/6832 from 4.6763/6833. - Bernama

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