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Ringgit to trade higher against US dollar next week | Malay Mail

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KUALA LUMPUR, Aug 22 — The ringgit is likely to trade between the 4.165 and 4.185 level, influenced by external factors, with the greenback general direction and oil prices expected to drive sentiment again, said an analyst. AxiCorp chief global market strategist Stephen Innes said the US dollar...

The ringgit was traded higher early this week, reaching a five-month high on Wednesday as the greenback continued to lose ground amid record-low interest rates. — Bernama pic

AxiCorp chief global market strategist Stephen Innes said the US dollar is unlikely to turn significantly bullish as traders may reduce their exposure to the greenback.

 

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Ringgit ends lower against US dollar | Malay MailKUALA LUMPUR, Aug 21 — The ringgit declined against the US dollar at close today on profit-taking after its recent gains, said an analyst. At 6pm, the local currency was pegged at 4.1780/1800 against the greenback from 4.1700/1750 on Wednesday’s close. The market was closed yesterday for Maal...
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