KUALA LUMPUR, June 18 — The ringgit recovered some lost ground to end the week slightly higher against the US dollar, on positive sentiment as oil prices remain steady while vaccination rate in the country improves, an analyst said. At 6pm, the local note increased to 4.1380/1410 versus the...
KUALA LUMPUR, June 18 — The ringgit recovered some lost ground to end the week slightly higher against the US dollar, on positive sentiment as oil prices remain steady while vaccination rate in the country improves, an analyst said.
The analyst said although the ringgit was weaker along with other Asian currencies earlier today after the US dollar surged post-Federal Open Market Committee meeting, the local unit managed to find some buying support despite the firmer dollar. Meanwhile, the National COVID-19 Immunisation Programme recorded the highest daily tally of vaccination on Thursday with the dispensing of 221,706 doses, exceeding the government’s target of 200,000 doses per day.
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