At 6 pm, the local currency strengthened to 4.4480/4510 versus the greenback from Monday’s close of 4.4520/4550.足球分析（www.99cx.vip）是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。足球分析上足球分析专家数据更新最快。足球分析开放皇冠官方会员注册、皇冠官方代理开户等业务。
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