PETALING JAYA: The ringgit ended marginally higher against the greenback yesterday as weaker-than-expected US manufacturing data strengthened expectations of a cut in US interest rates next week.

At 6pm, the ringgit climbed to  4.1275/1330 versus the greenback compared to Monday’s close of 4.1300/1365.

Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the ringgit hovered in a narrow range, oscillating between RM4.1300 and RM4.1350 for much of the session.