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Ringgit slips as US dollar hits 20-year high

KUALA LUMPUR: The ringgit fell back to its lowest level since Januray 2017 against the US dollar as the greenback rallied to hit a 20-year high against major currencies after US Federal Reserve (Fed) Chair Jerome Powell emphasised that higher interest rates will likely continue for some time.
Kuala Lumpur United States United Kingdom South Korea Jerome Powell Department Economy Datuk Seri Mustapa Mohamed

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