Ringgit closes higher on US rate cut hope

At 6pm, the ringgit climbed to  4.1275/1330 versus the greenback.

PETALING JAYA: The ringgit ended marginally higher against the greenback yesterday as weaker-than-expected US manufacturing data strengthened expectations of a cut in US interest rates next week.

At 6pm, the ringgit climbed to  4.1275/1330 versus the greenback compared to Monday’s close of 4.1300/1365.