Array
(
    [_edit_lock] => Array
        (
            [0] => 1745565142:15
        )

    [tdc_dirty_content] => Array
        (
            [0] => 1
        )

    [tdc_icon_fonts] => Array
        (
            [0] => a:0:{}
        )

    [_thumbnail_id] => Array
        (
            [0] => 251958
        )

    [_edit_last] => Array
        (
            [0] => 15
        )

    [onesignal_meta_box_present] => Array
        (
            [0] => 1
        )

    [onesignal_send_notification] => Array
        (
            [0] => 
        )

    [onesignal_modify_title_and_content] => Array
        (
            [0] => 
        )

    [onesignal_notification_custom_heading] => Array
        (
            [0] => 
        )

    [onesignal_notification_custom_content] => Array
        (
            [0] => 
        )

    [_post_language] => Array
        (
            [0] => English
        )

    [_molongui_author] => Array
        (
            [0] => guest-97702
        )

    [_molongui_main_author] => Array
        (
            [0] => guest-97702
        )

    [td_post_theme_settings] => Array
        (
            [0] => a:1:{s:11:"td_subtitle";s:101:"Local note opens lower today at 4.4515/4785 against greenback from yesterday’s close of 4.4510/4565";}
        )

    [_yoast_wpseo_primary_category] => Array
        (
            [0] => 32734
        )

    [_yoast_wpseo_focuskw] => Array
        (
            [0] => ringgit
        )

    [_yoast_wpseo_linkdex] => Array
        (
            [0] => 56
        )

    [_yoast_wpseo_content_score] => Array
        (
            [0] => 60
        )

    [_yoast_wpseo_estimated-reading-time-minutes] => Array
        (
            [0] => 2
        )

    [post_views_count] => Array
        (
            [0] => 76
        )

    [post_views_count_7_day_arr] => Array
        (
            [0] => a:7:{i:0;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:1;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:2;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:3;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:4;a:3:{s:4:"date";s:10:"1750983148";s:5:"count";i:1;s:14:"per_hour_count";a:1:{i:0;i:1;}}i:5;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:6;a:2:{s:4:"date";i:0;s:5:"count";i:0;}}
        )

    [post_view_7days_last_day] => Array
        (
            [0] => 4
        )

    [post_views_count_7_day_last_date] => Array
        (
            [0] => 1750983148
        )

    [post_views_count_7_day_total] => Array
        (
            [0] => 1
        )

    [post_views_last_24_hours] => Array
        (
            [0] => 1
        )

    [post_views_last_48_hours] => Array
        (
            [0] => 1
        )

    [_stopmodifiedupdate] => Array
        (
            [0] => 1
        )

    [_modified_date] => Array
        (
            [0] => 
        )

    [footnotes] => Array
        (
            [0] => 
        )

)
Ringgit down as USD sees gains after Trump’s global tariff announcement | Scoop
The ringgit opened lower at 4.4515/4785 today against the greenback from yesterday’s close of 4.4510/4565. – Scoop file pic, April 3, 2025
Corporate

Ringgit down as USD sees gains after Trump’s global tariff announcement

Local note opens lower today at 4.4515/4785 against greenback from yesterday’s close of 4.4510/4565

Bernama
Updated
9:55 AM MYT

 

KUALA LUMPUR – The ringgit opened slightly lower against the US dollar today as the greenback strengthened after US President Donald Trump announced global reciprocal tariffs. 

At 8am, the ringgit inched down to 4.4515/4785 against the greenback from yesterday’s close of 4.4510/4565. 

It was reported that Trump will impose reciprocal tariffs, with the White House releasing a list of roughly 100 countries and their respective tariff rates that the US would be imposing, including on Malaysia. 

Malaysia will face 24% reciprocal tariff by the US effective April 9. 

Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the currency market will be more defensive as US tariff fears and their impact on global growth would lead to higher demand for safe-haven currencies such as the US dollar. 

“There could be merits to this, but this can be harmful to trade and global economic growth. 

“We opine that the best platform would be via the World Trade Organisation (WTO) to mediate in any trade dispute,” he told Bernama, noting that the ringgit might go beyond its RM4.45 immediate resistance level. 

The ringgit traded lower against major currencies. 

It edged down against the Japanese yen to 3.0086/0272 from 2.9783/9821 and weakened against the euro to 4.8530/8825 from 4.8098/8157 and decreased against the British pound to 5.8061/8413 from  5.7632/7703 yesterday. 

The local note was mixed against Asean currencies.  

It increased against the Thai baht to 12.9608/13.0489 from 13.0260/0490 and gained against the Singapore dollar to 3.3067/3270 from 3.3150/3193. 

However, it remained flat against the Indonesian rupiah at 266.3/268.0 from 266.3/266.7 and was unchanged against the Philippine peso at 7.78/7.83 from 7.78/7.79 previously. – April 3, 2025

Topics

 

◉ Popular

From player to mentor: Wee Wern calls time on glittering squash career, takes on coaching challenge

A desire to impart her years of experience to the younger generation has seen former world number five squash player Low Wee Wern make the tough decision to hang up her racquet.

A man with fire in his belly: Jagdeep remembers his father Karpal’s strength in the face of disability

Despite paralysis from a tragic accident, the DAP stalwart remained a fearless fighter—his legacy now upheld by his son

Pendirian AGC konsisten, RUU GEG tidak berperlembagaan

Jabatan Peguam Negara secara konsisten berpandangan bahawa Rang Undang-Undang Kawalan Produk Merokok Demi Kesihatan Awam 2023 atau RUU Generasi Penamat (GEG) adalah tidak berperlembagaan (unconstitutional).

◉ Related

Copyright © 2023. All rights reserved.