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KUALA LUMPUR: With no sign of de-escalation in the Middle East conflict, the ringgit came under pressure to open lower against the US dollar on Friday.

KUALA LUMPUR: The ringgit reversed its downtrend to end the week marginally higher against the US dollar, driven by positive macroeconomic data that provided support for the local currency, an economist said.

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RIYADH: In a move aimed at enhancing job security, the UAE government has launched an initiative to reskill its workforce.  The program is designed to equip employees to effectively navigate the fast-evolving landscape of artificial intelligence in the job market.  Omar Sultan Al-Olama, minister of state for AI, digital economy and remote work applications, unveiled the initiative during the annual...

KUALA LUMPUR: The ringgit continued to weaken against the US dollar as the 10-year United States Treasury yield rose to 4.91 per cent -- the highest since 2007, suggesting that inflation premium is on the rise, said an analyst.

At the interbank foreign exchange, the domestic unit opened at 83.26 against the dollar and then touched an early high of 83.25, registering a gain of 3 paise over its previous close.

On Argentina's forex black market, the dollar recently topped 1,000 pesos for the first time. The unofficial exchange rate is up almost 60,000% since 2002.