Ringgit rises against US dollar for second straight day after interest rate hike


KUALA LUMPUR: The ringgit ended higher for the second straight session today against the US dollar on continued buying interest after an unexpected interest rate hike by the central bank and on anticipation of a better first quarter gross domestic product (GDP) result, said an analyst.

At 6 pm, the local currency advanced to 4.3755/3785 against the greenback from Tuesday's close of 4.3800/3850.

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Ringgit , Bank Negara , Overnight policy rate , OPR

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