KUALA LUMPUR: The ringgit strengthened to the 4.07 level against the US dollar at Friday’s close, its strongest in nearly six years, following softer-than-expected US inflation data.
At 6 pm, the local currency rose to 4.0740/0785 versus the greenback, from 4.0840/0880 at Thursday’s close. The level was last seen on Jan 15, 2020, when the ringgit closed at 4.0740 against the US dollar.
