KUALA LUMPUR: The ringgit rebounded from a four-day losing streak to end higher on Friday, driven by improved sentiment as the United States (US) debt ceiling deal was resolved and the expectation that the Federal Reserve will pause interest rate hikes in June.
At 6 pm, the local note appreciated to 4.5745/5785 against the greenback compared to Thursday’s close of 4.6110/6165.
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