Ringgit ends lower against greenback due to tariff concerns

Quick Summary:

KUALA LUMPUR: The ringgit weakened against the US dollar today alongside other ASEAN currencies as traders and investors are anxious about the reciprocal tariffs to be imposed by the United States (US) government on April 2.

The ringgit was traded mostly higher against a basket of major currencies.

At 6 pm, the local note eased to 4.4300/4340 against the greenback from yesterday’s close of 4.4280/4315.

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Category: EconomyBusiness

Markets: MalaysiaCanadaGermanyIndonesiaJapanSouth KoreaMexicoSingaporeUnited States

Topics: Tariffs /Business/Business News US dollar Mohd Afzanizam Abdul Rashid Ringgit Forex

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-27 @ 18:55:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 363 words

Reading Time: 3 minutes read

Sentences: 14 lines

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Copyright Owner: © The Star

News ID: 27367763

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