KUALA LUMPUR: The ringgit extended its downtrend against the US dollar this morning, breaching the 4.6 level as the greenback continued to strengthen on the expectation of an interest rate hike in the United States (US).
At 9 am, the local note was trading at 4.6090/6130 against the greenback compared with Wednesday’s closing of 4.5920/5950.
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