Ringgit climbs v greenback
The ringgit might appreciate against the US dollar today as there is a chance of a pause in the US Federal Reserve’s Funds Rate, which could lead to a weaker greenback. – The Malaysian Insight file pic, May 11, 2023.
At 9am, the local note rose to 4.4470/4505 versus the US dollar from yesterday’s closing rate of 4.4565/4605.
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