BERNAMA – The ringgit closed higher against the US dollar and other major currencies today, supported by rising oil prices, an economist said. At 6pm, the currency rose to 4.6850/6880 against the US dollar from last Friday’s close of 4.6865/6920. SPI Asset Management Managing Partner Stephen Innes said although the United States (US) Federal Reserve […]
KUALA LUMPUR (BERNAMA) – The Malaysian ringgit is likely to hold up better against G10 currencies next week except the US dollar next week following a revised lower growth forecast and higher inflation rate by the European Central Bank (ECB). SPI Asset Management managing director Stephen Innes said the ringgit is expected to continue to […]