Ringgit rebounds, opens higher v dollar | The Malaysian Insight

Ringgit rebounds, opens higher v dollar

The ringgit rises to 4.6030/6100 versus the greenback in early trade on June 9, 2023. – The Malaysian Insight file pic, June 9, 2023.

At 9am, the local note rose to 4.6030/6100 versus the greenback against yesterday’s close of 4.6185/6235. “The latest print also revealed the possibility of a pause in the rate hike cycle during next week’s Federal Open Market Committee meeting.Meanwhile, the ringgit traded lower against a basket of major currencies.

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