Ringgit falls against US dollar for second consecutive day | Malay Mail

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KUALA LUMPUR, Sept 8 — The ringgit ended lower against the US dollar for the second consecutive day today due to lack of fresh catalysts, said an analyst. At 6pm, the domestic unit stood at 4.1650/1700 against the greenback from yesterday’s close of 4.1550/1600. AxiCorp chief global market...

At 6pm, the domestic unit stood at 4.1650/1700 against the greenback from yesterday’s close of 4.1550/1600. — AFP pic

At 6pm, the domestic unit stood at 4.1650/1700 against the greenback from yesterday’s close of 4.1550/1600. “None more important to the ringgit than oil prices which remain very depressed due to a weaker demand outlook,” he told Bernama.Meanwhile, RHB Investment Bank said risks remained for the ringgit with respect to the FTSE Russell’s decision this month to keep Malaysia in its World Government Bond Index.

 

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