KUALA LUMPUR: The ringgit opened slightly lower against the US dollar on Monday as global risk appetite turned more cautious, prompting investors to pare exposure to emerging-market assets. At 8 am, the local currency eased to 4.0580/0680 versus the greenback, compared with last Friday’s close of 4.0515/0560. At the open, the ringgit traded lower against a basket of major currencies. It depreciated against the Japanese yen to 2.5845/5911 from 2.5817/5848 last Friday, edged slightly lower versus the British pound to 5.4527/4662 from 5.4509/4569, and eased vis-à-vis the euro to 4.7499/7616 from 4.7488/7540. Meanwhile, the ringgit gained versus the Thai baht to 12.8662/9073 from 12.8996/9201, while it was flat vis-à-vis the Indonesian rupiah at 242.6/243.3 from 242.2/242.6 previously.

Source: The Star January 05, 2026 12:05 UTC