Ringgit ends higher on continued US$ weakness


KUALA LUMPUR: The ringgit closed the week stronger against the US dollar amid the greenback’s continued weakness as the higher-than-expected US Producer Price Index (PPI) for July failed to provide lasting support for the currency.

At 6 pm, the local note rose marginally to 4.2085/2155 from Thursday’s close of 4.2090/2145.

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