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Ringgit firmer versus US dollar in early trade

KUALA LUMPUR: The ringgit strengthened against the US dollar in early trade today as investors took a breather ahead of the release of the US Consumer Price Index (CPI) data later today, an analyst said.

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AmBank Group forecasts ringgit to appreciate further to RM4.5 by year-end

KUALA LUMPUR: AmBank Economic Research is forecasting the ringgit to appreciate further to around RM4.5 by the year-end against the US dollar due to a combination of factors, including the potential narrowing interest rate differentials between the currencies which is more beneficial to the local unit.

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Ringgit trades in tight range versus US dollar ahead of US CPI print

KUALA LUMPUR: The ringgit traded in a narrow range today at between 4.676 to 4.684 against the US dollar as market players await the United States (US) Consumer Price Index (CPI) inflation data for February later tonight, said an economist.

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Ringgit pares gains but remains higher against US dollar at close

KUALA LUMPUR: The ringgit ended almost unchanged but stayed up against the US dollar today amid cautious sentiment after last week's winning streak, an economist said.

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Ringgit closes slightly lower against US dollar, sentiment remains favourable

KUALA LUMPUR: The ringgit was slightly lower against the US dollar at Friday's closing, although sentiment towards the local currency remains favourable, as Bank Negara Malaysia (BNM) has said firmly that the ringgit is undervalued.

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Ringgit rebounds to open higher against US$

KUALA LUMPUR: The ringgit rebounded to open higher against the US dollar ahead of the release of the US inflation report later today.

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BNM: The ringgit is undervalued

PUTRAJAYA: The ringgit is expected to trade higher on the back of positive economic prospects, says Bank Negara Malaysia (BNM) governor Abdul Rasheed Ghaffour, while acknowledging that the currency is currently undervalued.

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Ringgit opens higher against US$, other major currencies

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.

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Asian FX edges lower, stocks mixed ahead of key US data

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.

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Ringgit opens slightly lower against US$ on lack of catalysts

KUALA LUMPUR: The ringgit eased against the US dollar in early trade today due to the lack of catalysts, said an analyst.

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