KUALA LUMPUR, June 11 ― The ringgit appreciated against the US dollar in early trade on buying support today after the United States' Federal Reserve (US Fed) maintained its monetary policy, a dealer said. At 9am today, the ringgit was quoted at 4.2350/2410 against the US dollar compared with...
At 9am today, the ringgit was quoted at 4.2350/2410 against the US dollar compared with 4.2485/2555 recorded at yesterday's close. — Bernama pic
At 9am today, the ringgit was quoted at 4.2350/2410 against the US dollar compared with 4.2485/2555 recorded at yesterday's close. “The Fed also pledged to keep rates at the present level and continue their asset purchase programme until the economy recovers from the Covid-19 pandemic,” it said. “Key focus of the day include the US’ May producer price index and the initial jobless claim as well as Malaysia’s April industrial production index,” it said.
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