Ringgit snaps four-day losing streak as selling abates

KUALA LUMPUR: The ringgit reversed its downward trend to open on a positive note on Monday as the US dollar moved flat after the latest United States (US) hiring data repudiated concerns of a recession.

At 9.01 am, the ringgit rose to 4.6480/6545 versus the greenback from Friday’s close of 4.6525/6580.

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Ringgit , Opening , Mohd Afzanizam Abdul Rashid , Hiring , CPI 

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