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Imported tightening is a possible risk to the Reserve Bank of Indias (RBI) current accommodative monetary policy stance, but it is likely mitigated now.The US Fed s new framework places high weightage on equitable job growth, does not link .
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Ringgit closes higher against US dollar 09 Jun 2021 / 18:58 H.
KUALA
LUMPUR: The ringgit closed higher against the US dollar today as the greenback retreated since the release of the US Job Openings and Labour Turnover Survey (JOLTS).
A dealer said JOLTS has registered a much higher number than expected with 9.3 million openings for April, higher than the expected 8.2 million the highest level since 2001.
At 6 pm, the local note stood at 4.1165/1175 against the US dollar from 4.1200/1225 on Tuesday.
He said another important factor that is boosting the ringgit is the vaccination roll-out in Malaysia, which has accelerated over the past few weeks.