Ringgit gains as rising inflation weakens greenback


KUALA LUMPUR: The ringgit extended its gains against the US dollar at the opening on Thursday as the rising inflation rate had further weakened the greenback, a dealer said.

At 9.01 am, the local currency was trading at 4.1725/1765 against the US dollar compared with 4.1845/1860 at yesterday’s close.

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Ringgit , US dollar , Opening , Inflation rate , CPI

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