Ringgit continues downtrend against greenback ahead of us 1Q GDP data


  • Forex
  • Thursday, 27 Apr 2023

KUALA LUMPUR: The ringgit ended lower against the US dollar today, bucking the regional trend despite a broadly weaker greenback.

The American currency weakened ahead of the release of US first quarter economic growth data to be released later tonight, amid other concerns in the country, such as banking contagion risks, a slowing economy, and a debt ceiling standoff, a dealer said.

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