KUALA LUMPUR: The ringgit reversed yesterday’s gains to close slightly lower against the US dollar today on better demand for the greenback as United States (US) rate cut expectations fade while the faltering China reopening risk rally continues to stymie Asian foreign exchange, an analyst said.
At 6 pm, the ringgit ended the day at 4.3140/3185 against the greenback from Wednesday’s close of 4.2960/3005.
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