KUALA LUMPUR: The ringgit reached an 18-month high yesterday, driven by concerns of a potential recession in the United States, says an analyst.
At 6pm, the ringgit strengthened to 4.3805/3580 against the US dollar, marking its best performance since Feb 14, 2023. Last Friday, the ringgit closed at 4.4295/4350 against the greenback.
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