Ringgit rebounds slightly against US$ ahead of 2Q GDP estimates

KUALA LUMPUR: The ringgit rebounded to open slightly higher against the US dollar on positive sentiment ahead of the release of Malaysia’s advance second quarter of 2024 (2Q 2024) gross domestic product (GDP) estimates today.

The Department of Statistics Malaysia (DoSM) is scheduled to release the 2Q 2024 GDP estimate data in the afternoon.

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