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Ringgit closes higher against US dollar despite Fed rate hike expectations
KUALA LUMPUR: The ringgit closed higher against the US dollar on Friday, driven by bargain-hunting activity despite expectations of further US interest rate hikes. At 6pm, the ringgit increased to 4.0715/4.0765 versus the greenback from yesterday’s close of 4.0840/4.0880. Bank Muamalat Malaysia Bhd»»»
Ringgit opens steady against US dollar as investors await US CPI data
KUALA LUMPUR, Sept 10 — The ringgit held steady against the US dollar at Thursday’s opening as investors awaited the release of US consumer price index (CPI) data on Friday. At 8am, the local currency was unchanged at 4.0670/0720 against the greenback from Wednesday’s close. Bank Muamalat Malaysia »»»
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