Ringgit rebounds to end higher vs US dollar

KUALA LUMPUR: The ringgit rebounded from yesterday's losses to end higher against the US dollar on Friday, driven by improving sentiment after concerns over a global banking crisis eased, said an analyst.

At 6 pm, the local note rose to 4.4850/4880 versus the greenback from Thursday’s closing rate of 4.5005/5055.

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Ringgit , US dollar , SPI Asset Management , banking , Fed

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