Ringgit slides vs greenback in early session

Business & Finance
13 Oct 2022 • 10:29 AM MYT
Media Selangor (EN)
Media Selangor (EN)

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KUALA LUMPUR, Oct 13 — The ringgit opened lower against the US dollar this morning amidst the higher-than-expected United States Producer Price Index (PPI) data for September, which came in at 8.5 per cent versus 8.4 per cent forecast, said a dealer.

At 9am, the local currency slid to 4.6850/6875 against the greenback from Wednesday’s close of 4.6820/6855.

— Bernama