KUALA LUMPUR: The ringgit closed 0.2 per cent firmer against the US dollar on Wednesday, supported by sustained portfolio inflows into Malaysian bonds and equities, reflecting confidence in domestic-demand growth, stable policy settings, and attractive real yields.
At 6 pm, the local currency strengthened to 4.0465/0525 versus the greenback from Tuesday’s close of 4.0555/0600. It was also higher against a basket of major currencies.
