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Ringgit ends lower against US dollar | Money

Monday, 24 May 2021 07:19 PM MYT At 6pm, the local note was 50 basis points lower at 4.1440/1480 against the greenback from Friday’s close of 4.1390/1430. AFP pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, May 24 The ringgit closed lower against the US dollar today on lack of buying support amid surging Covid-19 cases. At 6pm, the local note was 50 basis points lower at 4.1440/1480 against the greenback from Friday’s close of 4.1390/1430. SPI Asset Management global managing partner Stephen Innes said the rise in community Covid-19 cases which triggered the latest movement control restrictions was expected to delay the country’s economic recovery.

Mixed feelings among Malaysians as they grapple with updated MCO 3 0 rules | Malaysia

Tuesday, 25 May 2021 05:00 AM MYT BY ASHMAN ADAM AND JERRY CHOONG A general of view of the traffic at Bukit Bintang in Kuala Lumpur March 5, 2021. Picture by Yusof Mat Isa Follow us on Instagram and subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, May 25 As Malaysia struggles to bring the Covid-19 pandemic under control, the government’s decision to implement a third movement control order or more popularly known as MCO 3.0 wasn’t entirely unexpected. Albeit not as stringent as the first MCO in March last year, this third rendition comes into play as the country sees consecutive days of record-high daily Covid-19 cases as well as deaths.

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