KUALA LUMPUR: The ringgit has extended its positive run against the US dollar today, improving further to the 4.55 level on expectations of softer United States (US) inflation and less aggressive US Federal Reserve’s rate hikes, said an analyst.
At 9 am, the local note climbed 195 percentage in points (pips) to 4.5530/5600 against the greenback from Wednesday’s close of 4.5725/5775
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
