Ringgit rebounds to open higher against US dollar | Malay Mail

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KUALA LUMPUR, Oct 27 ― The ringgit rebounded to open slightly higher against the US dollar today on renewed demand as the oil price rose, said a dealer. At 9.05am, the local currency stood at 4.1620/1670 versus the greenback compared with 4.1630/1670 at yesterday's close. The dealer said the...

At 9.05am, the local currency stood at 4.1620/1670 versus the greenback compared with 4.1630/1670 at yesterday's close. — Bernama pic

At 9.05am, the local currency stood at 4.1620/1670 versus the greenback compared with 4.1630/1670 at yesterday's close. She said the number of new Covid-19 cases stoked fears of an increase in the unemployment rate, as well as weaker consumer purchasing power.

 

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