Ringgit strengthens against US dollar on positive market sentiment


KUALA LUMPUR: The ringgit strengthened against the US dollar on Tuesday as assurances from the government and Bank Negara Malaysia regarding the ringgit's valuation calmed market concerns.

At 6 pm, the ringgit/US dollar exchange rate stood at 4.7585/7635 compared with 4.7750/7795 recorded at yesterday’s close.

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