At 6 pm, the local currency strengthened to 4.4480/4510 versus the greenback from Monday’s close of 4.4520/4550.皇冠网址（www.hg9988.vip）是一个开放皇冠网址即时比分、皇冠网址代理最新登录线路、皇冠网址会员最新登录线路、皇冠网址代理APP下载、皇冠网址会员APP下载、皇冠网址线路APP下载、皇冠网址电脑版下载、皇冠网址手机版下载的皇冠网址平台。
KUALA LUMPUR: The ringgit closed marginally higher against the US dollar yesterday on renewed buying interest amid slightly easing demand for the greenback ahead of the European Central Bank (ECB) meeting tomorrow, says an analyst.
At 6 pm, the local currency strengthened to 4.4480/4510 versus the greenback from Monday’s close of 4.4520/4550.
SPI Asset Management managing partner Stephen Innes said the expectation that the ECB would consider a 50 basis points (bps) rate hike to tame the record-high inflation had boosted the demand for the ringgit.,
“The ECB has pre-announced a 50-bps hike which strengthened the euro and weakened the US dollar,” he said. — Bernama
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