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KUALA LUMPUR: The ringgit was slightly higher against the US dollar at the start of trading today and also rose versus a basket of other major currencies as well as Asean currencies on positive sentiment following Bank Negara Malaysia's (BNM) statement on the local note’s valuation.
MOST Asian currencies inched lower on Wednesday, while equities were largely mixed, as traders remained cautious ahead of a key U.S. inflation reading due Thursday that could give clues on the timing of rate cuts by the Federal Reserve.
KUALA LUMPUR: The ringgit eased against the US dollar in early trade today due to the lack of catalysts, said an analyst.
TAIPEI, Feb 27 — Five Chinese coast guard ships entered prohibited or restricted waters around Taiwan’s frontline island......
KUALA LUMPUR: Bank Negara governor Datuk Abdul Rasheed Ghaffour said the central bank has stepped up engagements with GLICs, GLCs, corporations and investors to encourage continuous inflows to the foreign exchange market.