Ringgit strengthens against US dollar amid weak US housing data

KUALA LUMPUR: The ringgit closed higher against the US dollar today driven by weak United States (US) housing data released in a joint report by the US Department of Housing and Urban Development and US Census Bureau yesterday.

At 6 pm, the ringgit rose to 4.6690/6725 against the greenback from Monday’s close of 4.6785/6830.

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ringgit , US dollar , Stephen Innes , US , Housing Data

   

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