Ringgit ends easier against US dollar for second straight day

Ringgit ends easier against US dollar for second straight day

the Sun Daily - Local·2020-12-02 05:02

KUALA LUMPUR: The ringgit continued to end lower against the US dollar today for the second straight day on lack of buying due to the resurgence of Covid-19 cases.

“I think the ringgit is getting held back by a combination of oil price uncertainty and expectation of regional lagging domestic economic data in December due to the resurgence of Covid-19 in key economic spots across the country,” Axi chief global market strategist Stephen Innes told Bernama.

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Economy