Ringgit ends higher as dollar weakens


At 6pm, the local currency rose to 4.0555/0600 versus the US dollar.

KUALA LUMPUR: The ringgit continued to strengthen against the US dollar yesterday, hovering towards the RM4.05 level at the close after opening at RM4.06, as the constant attack by the Trump administration against the Federal Reserve (Fed) hurt market confidence and weakened the greenback. 

At 6pm, the local currency rose to 4.0555/0600 versus the US dollar from Monday’s close of 4.0605/0660.

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