Ringgit rebounds slightly against US$ ahead of 2Q GDP estimates

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Ringgit rebounds slightly against US$ ahead of 2Q GDP estimates
RinggitOpeningUS Dollar
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SEOUL (Reuters) - Samsung Electronics and representatives of its biggest workers' union in South Korea that has been on a strike since early last week have agreed to resume negotiations on Friday, the two sides said.

KUALA LUMPUR: The ringgit rebounded to open slightly higher against the US dollar on positive sentiment ahead of the release of Malaysia’s advance second quarter of 2024 gross domestic product estimates today.

At 8 am, the ringgit inched up to 4.6665/6710 against the greenback from yesterday’s close of 4.6680/6710. "If the numbers turn out to be much better than the 1Q GDP, it will be ringgit-positive for today,” he told Bernama.

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