top of page
Ringgit opens higher against US dollar on upbeat China data
The ringgit opened higher against the US dollar on Tuesday, supported by upbeat economic data from China for June, said an analyst.
KUALA LUMPUR: The ringgit opened higher against the US dollar on Tuesday, supported by upbeat economic data from China for June, said an analyst.
At 8 am, the ringgit strengthened to 4.2445/2670 against the greenback, from Monday's close of 4.2505/2560.
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the data from China, including exports, money supply and new loans, reflects the positive impact of recent economic stimulus measures.
Read More: Here
bottom of page