Ringgit appreciates versus US dollar, tracking positive yuan sentiment


KUALA LUMPUR: The ringgit appreciated against the US dollar at closing today, tracking the improved sentiment for the Chinese yuan following positive developments in Shanghai, amid concerns over recession in the United States (US).

At 6 pm, the local currency was traded at 4.3880/3915 versus the greenback from last Friday's close of 4.3980/3995.

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