Ringgit rebounds to close higher against US dollar


KUALA LUMPUR: The ringgit rebounded from yesterday’s losses to close slightly higher against the greenback today as renewed concerns over economic development shifted investors' interest towards emerging currencies, including the ringgit, an analyst said.

At 6 pm, the local note rose to 4.5515/5565 against the US dollar compared with 4.5535/5570 at Thursday’s close.

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