Ringgit maintains stronger footing at close

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Ringgit maintains stronger footing at close
RinggitUS DollarMohd Afzanizam Abdul Rashid
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KUALA LUMPUR City Hall (DBKL) has been instructed to work closely with geologists and infrastructure experts to assess and reduce any risk of a similar sinkhole in the future, says Minister in the Prime Minister Department (Federal Territories) Dr Zaliha Mustafa.

KUALA LUMPUR: The ringgit continued its uptrend at the close today, rising by 250 basis points to a new high on the anticipation of an interest rate cut in the United States next month.

Earlier this morning, the domestic unit hit an almost 28-month high at 4.3515/3700 versus the greenback.

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