Ringgit extends losses v dollar | The Malaysian Insight

Ringgit extends losses v dollar

The ringgit eases to 4.4595/4640 versus the greenback on April 27, 2023. – The Malaysian Insight file pic, April 27, 2023.

At 9am, the local note eased to 4.4595/4640 versus the greenback from yesterday’s closing of 4.4565/4585. “A hot economy could boost inflation, a scenario which makes the Federal Reserve more likely to raise interest rates to control the speed of the rise in prices, which would in turn boost the country’s currency.

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