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KUALA LUMPUR: The ringgit opened lower against the US dollar but is anticipated to rebound today, supported by an announcement expected from China on a strong economic boost.
KUALA LUMPUR: The Malaysian ringgit hit a fresh historical low of 3.5518 against the Singapore dollar on Wednesday morning after closing at a record 3.5436 in the previous session, according to Refinitiv data.
KUALA LUMPUR: The ringgit continues to weaken in early trade against the firmer US dollar today spurred by last week's jobs report and hawkish signals from the Federal Reserve (Fed), said an analyst.
KUALA LUMPUR: Bank Negara has addressed an error in the exchange rate for the ringgit against the US dollar published by Google on Feb 5, 2024.
The ringgit is expected to trade range-bound with a slight appreciation against the US dollar from Monday (Feb 5) onwards, said an analyst.