Ringgit opens higher on buying sentiment | Money : vimarsana

Ringgit opens higher on buying sentiment | Money


Tuesday, 25 May 2021 09:41 AM MYT
A teller counts RM50 notes in George Town November 27, 2019. ― Picture by Sayuti Zainudin
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KUALA LUMPUR, May 25 — The ringgit rebounded from yesterday’s close to open higher against the US dollar today, on renewed buying support due to positive development of the Covid-19 vaccine rollout, dealers said.
At 9.06am, the local note was higher at 4.1400/1440 against the greenback from Monday’s close of 4.1440/1480.
A dealer said that the local market reacted positively as the Covid-19 Immunisation Task Force (CITF) said that Malaysia has more than enough vaccines for its people.

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