Ringgit turns soft against US dollar as volatility rises

Publish date: Mon, 22 Apr 2024, 09:43 AM

KUALA LUMPUR: The ringgit traded lower against the US dollar in early trade on Monday amid the ongoing Middle East tension that has kept crude oil prices elevated, resulting in further challenges for central banks to meet their inflation goal this year. 

At 9.01 am, the ringgit weakened to 4.7840/7900 against the greenback from Friday's closing of 4.7810/7855.



  - Bernama

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