Ringgit stages sharp rebound against US dollar

KUALA LUMPUR: The ringgit rebounded sharply versus the greenback as US debt ceiling negotiations made headway, with the local currency also strengthening against other major and regional currencies.

At 6 pm, the local currency was trading at 4.5970/6035 per US dollar, up from the previous day's close of 4.6245/6285.

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ringgit , US debt ceiling , Mohd Afzanizam Abdul Rashid , Asean currencies

   

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