Ringgit extends recovery against US dollar on better risk appetite

📆 6/9/2023 2:18 PM
📰 staronline

⏱ Reading Time:
7 sec. here
2 min. at publisher
📊 Quality Score:
News: 6%
Publisher: 75%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

KUALA LUMPUR: The ringgit extended its earlier recovery momentum towards the end of today’s trading and closed marginally higher against the US dollar as risk appetite improved amid weaker greenback sentiment.

At 6 pm, the local note ended at 4.6115/6160 versus the greenback compared with Thursday’s closing of 4.6185/6235.

He said the latest data points indicated that the US economy is softening, leading to the devaluation of the greenback.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Coin Coin Latest News, Coin Coin Headlines