Ringgit rebounds higher against US$ on mixed US economic data


KUALA LUMPUR: The ringgit reversed its losses to open higher against the US dollar on Friday due to cautious sentiments following the release of mixed United States (US) macroeconomic data, an analyst said.

At 9 am, the local note rose to 4.4575/4615 versus the greenback from yesterday’s closing rate of 4.4605/4660.

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