Ringgit responds well to Budget 2021, remains cautious on US election


KUALA LUMPUR, Nov 7 (Bernama): The Ringgit reacted positively and strengthened by as much as 0.2 per cent against the US dollar during the tabling of Budget 2021 by the Finance Minister, placing it at its strongest level against the US Dollar in seven weeks.

FTXM market analyst Han Tan said the local currency alongside all major Asian currencies posted a weekly advance against the US dollar after the Greenback gave up its initial post-election gains.

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Ringgit , Weekly , Budget 2021

   

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