Forex

Ringgit depreciates against US dollar on stronger US dollar index

KUALA LUMPUR: The ringgit ended lower against the US dollar today due to a stronger US Dollar Index (DXY) after the Moody’s Ratings downgrade.

At 6 pm, the local note eased to 4.2705/2765 versus the US dollar from yesterday’s close of 4.2685/2735.

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Ringgit , US dollar ,  Bank Muamalat , Mohd Afzanizam Abdul Rashid

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