Ringgit ends lower on firmer US dollar | Malay Mail

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KUALA LUMPUR, March 30 — The ringgit ended lower against the US dollar today on the strengthening greenback as US Treasury yields climbed higher, forcing emerging currencies including the ringgit to retreat, said an analyst. At 6pm, the ringgit was traded easier at 4.1490/1530 versus the...

At 6pm, the ringgit was traded easier at 4.1490/1530 versus the greenback from 4.1390/1440 at yesterday’s close. — AFP picKUALA LUMPUR, March 30 — The ringgit ended lower against the US dollar today on the strengthening greenback as US Treasury yields climbed higher, forcing emerging currencies including the ringgit to retreat, said an analyst.

Reports that the US Treasury yields rose with stocks as US President Joe Biden’s spending plans and ramped-up vaccine efforts stoked bets for a quicker economic recovery.

 

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