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Ringgit firmer against US$ ahead of CPI data

KUALA LUMPUR: The ringgit closed marginally higher against the US dollar on Thursday despite elevated crude oil prices and expectations of a possible US interest rate hike, as investors looked ahead to the release of US consumer price index (CPI) data on Friday.

The Star MalaysiaThe Star查看原文 ↗
在CPI数据公布前,令吉兑美元走强

KUALA LUMPUR: The ringgit closed marginally higher against the US dollar on Thursday despite elevated crude oil prices and expectations of a possible US interest rate hike, as investors looked ahead to the release of US consumer price index (CPI) data on Friday.

At 6 pm, the local currency appreciated to 4.0630/0670 against the greenback from Wednesday’s close of 4.0670/0720.

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