KUALA LUMPUR, May 31 –The pressure on the ringgit against the US dollar is hoped to lessen when the US debt ceiling issue is resolved over the next few days, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

KUALA LUMPUR, May 25 — The ringgit extended its downtrend against the US dollar this morning, breaching the 4.6 level as the greenback continued to strengthen on the expectation of an interest rate hike in the United States (US).

KUALA LUMPUR, May 24 — The ringgit opened lower against the US dollar as the greenback stayed firm, driven by a jump in US Treasury yield amid uncertainties surrounding the United States (US) debt ceiling talks, said an analyst.

KUALA LUMPUR, May 23 — The ringgit opened marginally lower against the US dollar on better demand for the greenback on the expected increase of the US bond yields, said an analyst.

KUALA LUMPUR, May 22 — The ringgit opened slightly higher against the US dollar this morning, although the greenback had strengthened as investors focused on the resolution of the United States (US) debt ceiling negotiations this week.

KUALA LUMPUR, May 18 — The ringgit was slightly stronger against the US dollar this morning as concerns over the United States’ (US) debt ceiling took a toll on the greenback, according to an analyst.

KUALA LUMPUR, May 17 — The ringgit opened lower against the US dollar today as investors remain cautious regarding the United States’ (US) debt ceiling deadline, said an analyst.

KUALA LUMPUR, May 16 — The ringgit improved versus the US dollar in early trade on Tuesday amid hopes for an agreement on raising the US debt ceiling.