Ringgit rebounds vs US dollar amid volatile forex mart (screen)

Business & Finance
29 Sep 2022 • 9:34 AM MYT
Sinar Daily
Sinar Daily

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US dollar (top) and Malaysia ringgit (bottom) - 123RF

At 9 am, the local currency rose to 4.6250/6290 against the greenback from yesterday’s closing of 4.6285/6310.

ActivTrades trader Dyogenes Rodrigues Diniz cautioned that the US dollar is expected to continue its relentless rise against the ringgit and at the same time, the extreme market volatility could have a ripple effect and bring down the market in a harmful way. - BERNAMA