Ringgit rebounds to close higher on better-than-expected 2Q GDP forecast


KUALA LUMPUR: The ringgit rebounded from recent losses to end higher against the US dollar on Friday, supported by a better-than-expected forecast of Malaysia's second quarter growth, which signalled that the domestic economy remains resilient amid external uncertainties.

At 6 pm, the local note rose to 4.2410/2455 from 4.2465/2510 at Thursday's close.

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