Media Selangor

Ringgit retreats to open lower against US dollar

KUALA LUMPUR, Oct 26 — The ringgit retreated from the previous day’s gains to open lower against the greenback today on rising US bond yields after the latest US economic data strengthened the view that interest rates would stay higher for longer.

Editor Selangor Journal

26 Oct 2023

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Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.

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