KUALA LUMPUR: United States Federal Reserve (US Fed) chair Jerome Powell’s testimony before the House Financial Services Committee on combating US inflation and hints at raising interest rates has caused the ringgit to close lower against the US dollar today, marking its fourth consecutive day of decline.
At 6 pm, the local note ended at 4.6525/6580 against the greenback compared with 4.6430/6470 on Wednesday.
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