The local currency rises to 4.0425/4.0565 against the US dollar, up from last Friday’s close of 4.0470/4.0535.
Business
Drawn by cheap valuations and the need to diversify, foreign inflows into emerging markets reached US$337 million in December.
The white metal’s recent advance reflects speculative inflows and continued supply disruptions across major trading hubs.
BN-PH ties to remain intact despite Puchong Umno’s actions, says analyst
Ahmad Zaharuddin Sani Ahmad Sabri says any decision by BN to call off its alliance with PH at the federal level will not be made in haste.
