Ringgit ends higher against US dollar amid hopes of de-escalation in US-Iran conflict

KUALA LUMPUR: The ringgit ended marginally higher against the US dollar on Tuesday, supported by improving market sentiment amid expectations of a de-escalation of the US-Iran conflict. At 6pm, the local currency rose to 4.0540/4.0580 versus the greenback from Friday’s close of 4.0565/4.0610. Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said this came as US President Donald Trump…

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