Ringgit continues upward momentum on positive exports data – The Star Online

Ringgit continues upward momentum on positive exports data  The Star Online

KUALA LUMPUR: The ringgit continued its upward momentum against the greenback today, supported by better than expected exports data. At 9am, the ringgit was up to 4.1750/1790 against the greenback from 4.1800/1840 at yesterday’s close. RHB bank in its economic view released today said the country’s exports rebounded into positive territory by expanding at 1.1 per cent in April after contracting 0.5 per cent and 5.3 per cent in the two prior consecutive months. “Electrical and electronics exports recovered into a growth of 3.9 per cent year-on-year after falling 1.9 per cent in March 2019,” …

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