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Ringgit ends marginally higher against US dollar

The Star Business LogoThe Star Business1w ago

Ringgit ends marginally higher against US dollar

Quick Summary

KUALA LUMPUR: The ringgit rebounded from yesterday's losses to close slightly better today after the greenback retreated in light of a slightly lower United States (US) Treasury yields, an analyst said.

It, however, depreciated vis-a-vis the Japanese yen to 3.2534/2559 from 3.2392/2408 yesterday.

Meanwhile, the local currency was traded mostly higher against a basket of major currencies.


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Article Details

Author / Journalist: The Star Online

Category: Economy

Topics: Forex US Federal Reserve Recession US dollar Defensive Ringgit /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 18:50:00

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Reading Time: 2 minutes read

Article Length: 211 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 5797

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About The Star Business

The Star Business Logo

Main Topics: Economy

Official Website: thestar.com.my

Update Frequency: 18 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1d ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #22

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