Ringgit may rise on strong China GDP data today

Ringgit may rise on strong China GDP data today FMTNews FMTBusiness

KUALA LUMPUR: The ringgit opened slightly easier against the US dollar following signs of deflation in the US markets, said an analyst.

“This could see the ringgit pull back a touch this week or at least consolidate last week’s gains,” he told Bernama. “Strong data from China will support the Chinese yuan and pull the ringgit along for the ride,” he added.

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