As at 9.01 am today, the local note was quoted at 4.3500/3550 compared with yesterday's close of 4.3400/3480.
As at 9.01 am today, the local note was quoted at 4.3500/3550 compared with yesterday's close of 4.3400/3480.
Meanwhile, a dealer said the Price Manufacturing Index reports across the globe reinforced early signs of a global recovery of which it should be no surprise considering that a complete economic shutdown in April and any recovery in May will be significant. Against a basket of benchmark currencies, the ringgit traded lower. The local currency weakened against the Singapore dollar to 3.0671/0727 from yesterday's 3.0650/0713 and declined versus the Japanese yen to 4.0382/0436 from 4.0256/0341.
The ringgit also edged lower also against the euro to 4.7624/7683 from 4.7562/7667 and depreciated against the British pound to 5.3187/3266 from 5.3061/3180 previously. - Bernama
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