KUALA LUMPUR, June 5 ― The ringgit rebounded against the US dollar from yesterday’s losses as the market mood brighten amid positive reaction towards the RM35 billion stimulus plan announced by the government today and the uptrend in the oil prices. At the close today, the ringgit was quoted at...
The ringgit rebounded against the US dollar amid positive reaction towards the RM35 billion stimulus plan. ― file pic
At the close today, the ringgit was quoted at 4.2640/2700 against the US dollar from 4.2740/2810 at Thursday’s close. In addition, Muhyiddin said more economic sectors will be opened if the conditional movement control order’s standard operating procedures continue to be observed. Previously, Opec+ agreed to cut output by a record 9.7 million barrels per day in May and June to lift prices.
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