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Ringgit ends higher against US dollar | Malay Mail

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Ringgit ends higher against US dollar

At 6pm, the local unit was traded at 4.0790/0820 against the greenback from 4.0800/0850 at last Friday’s closing. — Reuters pic

At 6pm, the local unit was traded at 4.0790/0820 against the greenback from 4.0800/0850 at last Friday’s closing. He said the US Federal Reserve’s indication that there would be no interest rate increase for this year but only a single hike in 2020, gave positive news to emerging market currencies including the ringgit.

 

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Ringgit higher vs US dollar in early trade | Malay MailKUALA LUMPUR, April 1 — The ringgit was higher against the US dollar in the early session today as market sentiment was lifted by signs of progress in US-China trade talks and the Federal Reserve's dovish stance on interest rates. At 9am, the local unit traded at 4.0750/0800 against the greenback...
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