Ringgit easier against firmer US dollar, tracks weak oil prices | Malay Mail

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Ringgit easier against firmer US dollar, tracks weak oil prices | Malay Mail
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KUALA LUMPUR, June 15 — The ringgit closed easier against the US dollar today, struggling from a firmer greenback across the board as investors scurried back to safe-haven as risk appetite declines. At 6pm, the ringgit was quoted at 4.2730/2780 compared with 4.2650/2700 at last Friday’s close....

The ringgit closed easier against the US dollar. — Reuters pic

AxiCorp global chief market strategist Stephen Innes said the poorly traded oil prices also dampened the ringgit’s performance. “Besides, I think investors are re-assessing the Covid-19 data and are trying to formulate a game plan.

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