KUALA LUMPUR, July 27 — The ringgit rebounded from last week’s losses to trade higher against the US dollar today, due to investors’ renewed appetite for emerging currencies, including the local note, a dealer said. As at 9.05am, the ringgit stood at 4.2540/2580 against the greenback compared...
Kenanga Research said the local currency continued its bullish momentum last week, appreciating against a weaker greenback, on the back of Covid-19 vaccine optimism and positive local economic sentiment. — Bernama pic
As at 9.05am, the ringgit stood at 4.2540/2580 against the greenback compared with 4.2620/2660 at 6 pm on Friday.
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