Ringgit at fresh high against greenback


KUALA LUMPUR: The Malaysian ringgit closed marginally higher yesterday but still hit a new 39-month high against the greenback on continued expectation of another cut in US interest rates after the latest inflation data there.

At 6pm, the ringgit traded at 4.1210/1280, up from last Friday’s close of 4.1230/1280.

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Ringgit , US dollar , inflation , interest rates

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