Ringgit rises on Permai announcement


KUALA LUMPUR: The ringgit opened higher against the US dollar today, boosted by Prime Minister Tan Sri Muhyiddin Yassin’s announcement of the RM15 billion Malaysian Economic and Rakyat’s Protection Assistance Package (PERMAI) package yesterday, as well as higher crude oil prices.

At 9.13 am, the ringgit rose to 4.0450/0490 versus the greenback, from 4.0500/0540 at Monday’s close.

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Ringgit , US dollar , Joe Biden , Bank Negara , MCO 2.0

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