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Ringgit soft as USD remains elevated

savemalaysia
Publish date: Thu, 25 Apr 2024, 09:48 AM

KUALA LUMPUR: The ringgit extended its downward trend as the US dollar remained elevated while market players await the release of the United States' first-quarter gross domestic product (GDP) data later today, as well as the March Personal Consumption Expenditures (PCE) data tomorrow.

At 9 am, the ringgit eased to 4.7825/7870 against the greenback from Wednesday's closing of 4.7765/7780.

 

https://www.nst.com.my/business/economy/2024/04/1042322/ringgit-soft-usd-remains-elevated

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