Ringgit rebounds against dollar
The ringgit rises to 4.5515/5565 against the US dollar from 4.5535/5570 at yesterday’s close. – The Malaysian Insight file pic, August 4, 2023.
At 6pm, the local note rose to 4.5515/5565 against the greenback from 4.5535/5570 at yesterday’s close. He said the US services sector slowed in July, but businesses faced higher prices for inputs as demand continued to hold up, suggesting a long and slow road to inflation.
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