Ringgit ends higher against US dollar | Malay Mail

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KUALA LUMPUR, May 7 — The ringgit ended higher against the greenback today, amid a bearish undertone in the greenback after the latest dovish statement from the US Federal Reserve policymakers. The local currency was also supported by positive sentiment brought about by Bank Negara Malaysia’s...

Malaysian ringgit notes are seen among US dollar bills in this photo illustration taken in Singapore in this August 24, 2015 file photo. — Reuters picKUALA LUMPUR, May 7 — The ringgit ended higher against the greenback today, amid a bearish undertone in the greenback after the latest dovish statement from the US Federal Reserve policymakers.

At 6pm, the local currency rose to 4.1100/1140 against the US dollar from Thursday’s close of 4.1200/1240.

 

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