KUALA LUMPUR: The ringgit recovered some of its losses against the US dollar to end the week on a firmer note although the United States Federal Reserve (Fed) will continue its interest rate hike campaign throughout the year, said an analyst.
At 6 pm, the local currency strengthened by 175 basis points (bps) to 4.3775/3800 versus the greenback from Thursday's close of 4.3950/3990.
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