KUALA LUMPUR: The ringgit was higher against the US dollar at the close today following the US Federal Reserve’s (Fed) unaggressive stance on interest rate hikes as well as the prospect of fiscal spending in China to stimulate consumer spending, said an analyst.
At 6 pm, the local note was pegged at 4.6130/6165 against the greenback from Thursday’s close of 4.6235/6280.
