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Ringgit Unchanged Against US Dollar At Opening

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KUALA LUMPUR: The ringgit opened unchanged against the US dollar in early trade today, as traders were cautious ahead of the US Federal Reserve’s meeting, a dealer said. At 9am, the local unit was traded at 4.4555/4595 against the greenback from 4.4555/4595 on Tuesday. The dealer said traders were unsure of what the Fed’s Chair,…

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Ringgit Lower Against US$ Early Tuesday

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KUALA LUMPUR: The ringgit opened slightly lower against the US dollar, in early trade Tuesday, dampened by persistent interest for the greenback on expectation the US Federal Reserve will raise interest rates. At 9 am(0100gmt), the local unit was traded at 4.4570/4620 against the US dollar from 4.4560/4600 on Monday. The US central bank is…

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Ringgit Opens Lower Against US$ Tuesday Dec 27

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KUALA LUMPUR: The ringgit opened slightly lower against the greenback Tuesday, post the Christmas holiday, on a lack of impetus coupled with weak crude oil prices, said dealers. At 9 am(0100gmt), the local unit slid to trade at 4.4750/4800 against the US dollar from last Friday’s close of 4.4725/4755. A dealer said the benchmark Brent…

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Ringgit Lower Against US$ Early Friday

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KUALA LUMPUR: The ringgit was traded slightly lower Friday, ahead of the Christmas holiday this weekend due to lack of traders’ participation in the market, as well as influenced by external factors. At 9 am(0100gmt), the local unit inched down and traded at 4.4750/4800 against the greenback from Thursday’s close of 4.4740/4770. On global factors,…

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Ringgit Depreciates Further Against US$ Early Thursday

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KUALA LUMPUR: Weak sentiment towards emerging currencies, brought on by speculation of a December US interest rate hike, pushed the ringgit to depreciate further against the greenback in early trade Thursday. At 9.05 am(0105gmt), the local unit was traded at 4.4500/4600 to the greenback from 4.4400/4450 on Wednesday. Despite higher overnight crude oil prices, which…

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Ringgit Dips Against US Dollar Early Monday

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KUALA LUMPUR: The ringgit opened lower against the US dollar on Monday as oil prices continued their downtrend in the global market on worries over higher US crude inventories, dealers said. At 9am, the ringgit was quoted at 4.2040/2090 against the greenback from 4.1970/1020 on Friday. At the opening, Brent crude was lower at US$45.88…

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Asian Shares, US$ Rattled Early Wednesdat By US Election Uncertainty

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TOKYO: Asian shares stumbled and the U.S. dollar on was on the defensive on Wednesday as signs that Republican U.S. presidential candidate Donald Trump could be closing the gap with his Democratic rival Hillary Clinton spooked investors. Anxiety in markets has deepened over a possible Trump victory given uncertainty on the Republican candidate’s stance on…

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Ringgit Lower Against US$ In Early Trade Tuesday

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KUALA LUMPUR: The ringgit opened marginally lower against the US dollar Tuesday. At 9.22 am(0122gmt), the local unit was quoted at 4.1760/1810 against the greenback from Monday’s close of 4.1750/1800. The US dollar strengthened on growing expectations of an interest rate hike by the Federal Reserve, said a dealer. He said recent comments by officials…

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Ringgit Firmer Against US Dollar Early Friday

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KUALA LUMPUR: The ringgit opened slightly higher against the US dollar in the early session on Friday due to bargain hunting activities in the market. At 9am, the ringgit was quoted at 4.2100/2160 to the US dollar from 4.2110/2170 at Thursday’s close. Kenanga Research said the ringgit’s performance was due to sentiment following revised data…

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Ringgit Slips Against US$ Early Thursday

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KUALA LUMPUR: The ringgit opened lower against the US dollar in the early session on Thursday, as the greenback continued its bullish performance in hovering near a seven-month high. At 9.01am, the ringgit was quoted at 4.1930/1980 to the US dollar from 4.1900/2000 on Wednesday’s close. Kenanga Research said Thursday that the local note was…

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Ringgit Surges Vs US$ After Fed Leaves Rates Unchanged

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KUALA LUMPUR: The ringgit opened higher against the US dollar early Thursday after the Federal Reserve (Fed) left the US interest rates unchanged at its two-day meeting that ended yesterday, a currency dealer said. At 9.15 am, the local unit advanced against the greenback to 4.1140/1190 from 4.1350/1430 on Wednesday. The dealer said firmer overnight…

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Ringgit Opens Lower Vs US$ As Lower Oil Price Weighs

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KUALA LUMPUR: The ringgit remained lower Thursday morning as demand for the local note was dampened by weaker oil prices and reduced hope for higher US interest rates. At 9 am(0100gmt), the ringgit was quoted at 4.1245/1285 versus the greenback against 4.1210/1260 on Wednesday. Global oil prices fell nearly to its lowest level in two…

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Ringgit Sharply Lower On Crude Price Weakness

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KUALA LUMPUR : The ringgit opened sharply lower against the US dollar today, riding on bearish overnight crude oil prices and ahead of the release of the US non-farm payrolls data later today, said a dealer. At 9.03 am, the ringgit was quoted at 4.0880/0930 against the greenback from 4.0740/0790 on Tuesday. The local currency…

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Ringgit Opens Sharply Lower Against US$ Early Thursday

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KUALA LUMPUR: The ringgit opened sharply lower against the US dollar on Thursday ahead of the release of the US non-farm jobs data on Friday, a dealer said. At 9.03am, the ringgit was quoted at 4.0740/0790 against the greenback from 4.0510/0600 on Tuesday. The market was closed on Wednesday for the Merdeka Day celebration. The…

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Ringgit Opens Unchanged Against US$ Friday, Yellen’s Speech Awaited

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KUALA LUMPUR: The ringgit opened unchanged against the US dollar, in early trade Friday, as investors and traders awaited for hints on a potential US interest rate hike, later Friday. At 9 am, the ringgit was quoted unchanged from yesterday’s close of 4.0150/0200. A dealer said the lack of moves by Asian currency traders in…

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Ringgit Opens Weaker Against Dollar

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KUALA LUMPUR: The ringgit traded lower for the third consecutive day against the US dollar Wednesday, as the market looked for a clear clue as to the timing of the next rate hike by the US Federal Reserve. At 9 am(0100gmt), the local unit was quoted at 4.0350/0400 to the greenback from 4.0250/0350 on Tuesday.…

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Ringgit Opens Lower Against US$ Tuesday

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KUALA LUMPUR: The ringgit traded lower against the US dollar at opening Tuesday, as bullish sentiment over the US economy boosted the strength of the greenback, dealer said. At 9 am, the local unit was quoted at 4.0280/0330 to the greenback from 4.0200/0260 on Monday. A dealer said comments from US Federal Reserve policy makers…

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Ringgit Slips Against US$ Early Monday

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KUALA LUMPUR: The ringgit opened lower against the US dollar on Monday on declining oil prices and a rebound in the US dollar, said a dealer. At 9.15 am, it was quoted at 4.0220/0270 to the greenback from 4.0105/0165 last Friday. The benchmark Brent Crude fell 88 cents to US$50.43 a barrel on oversupply of…

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Ringgit Opens Lower Against US Dollar

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KUALA LUMPUR: The ringgit opened lower against the US dollar Monday on expectations of US interest rate hike later this year, a dealer said. At 9.01 am(0101gmt), the local unit was quoted at 4.0340/0400 against the greenback from Friday’s close of 4.0260/0310. The dealer said the improving US labour market conditions and the likelihood that…

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Ringgit Opens Lower Against US$ Friday, Up Against Others

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KUALA LUMPUR: The ringgit opened marginally lower against a rejuvenated US dollar Friday, said a dealer. At 9.06 am(0106gmt), the local unit was quoted at 4.0040/0090 against the dollar from Thursday’s close of 4.0020/0070. The dealer said the greenback rose after a US Federal Reserve official commented that an interest rate increase this year is…

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Ringgit Gains As Dollar Drops Second Day

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SEOUL: The South Korean won jumped along with Malaysia’s ringgit as demand for the U.S. dollar weakened with traders betting the Federal Reserve will be gradual in any interest-rate increases. A gauge of the dollar against its major peers retreated with odds in the futures market for a U.S. rate hike by year-end remaining below…

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Ringgit Leads Decline In Emerging-Market Currencies

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KUALA LUMPUR: The ringgit led a decline in emerging-market currencies as stocks retreated after a selloff in oil stoked concerns about global growth. It slumped the most in two weeks and South Korea’s won fell for a second day as a gauge of developing-nation shares tracked losses in global equities. China’s CNOOC Ltd was among…

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Ringgit Sinks As Crude’s Tumble Bodes ill For Malaysia Finances

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KUALA LUMPUR: The ringgit led a decline in Asian currencies as slumping oil prices dim the prospects for Malaysia’s export earnings. Brent crude sank 0.8% to close at its lowest level in four months on Monday, while US oil slid into a bear market amid renewed concern there is a global supply glut. Malaysia loses…

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Ringgit Firmer Against Dollar Early Monday

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KUALA LUMPUR: The ringgit opened higher against the US dollar on Monday on mild buying interest, dealers said. At 9.02 am, the local unit was quoted at 4.0320/0380 to the US dollar from 4.0670/0740 last Friday. A dealer said demand was driven by favourable external factors due to an anticipation that the Federal Reserve would…

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Ringgit Opens Unchanged Against US$ Friday

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KUALA LUMPUR: The ringgit opened unchanged against the US dollar on Friday on subdued buying momentum ahead of the weekend, dealers said. At 9 am(0100GMT), the local unit was quoted at 3.9450/9500 versus the greenback from 3.9450/9510 at 5pm on Thursday. A dealer said the ringgit was flat at the opening after hitting a 10-week…

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Ringgit Opens Higher Against US$ Thursday On Interest Rate Cut

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KUALA LUMPUR: News on the overnight policy rate cut by the Bank Negara Malaysia, aimed at spurring Malaysia’s economic growth, somewhat lent support to the ringgit which opened higher on Thursday against the US dollar as more buying demand emerged for the local currency, dealers said. At 9 am(0100gmt), the local unit was quoted at…

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Ringgit Opens Lower Against US Dollar

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KUALA LUMPUR: The ringgit opened lower against the US dollar on Tuesday due to reduced demand for the local note, a dealer said. At 9am, the local unit was quoted at 4.0000/0100 against the greenback from 3.9930/9020 recorded at 5pm on Monday. A dealer said the local currency was expected to trade cautiously the next…

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Ringgit Opens Higher Against US$ Monday Following Brexit

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KUALA LUMPUR: The ringgit continued to open easier against the US dollar today following the surprise vote by Britain to exit the European Union (EU), dealers said. At 9.02 am, the local unit was quoted at 4.1250/1350 against the US dollar from 4.0850/0950 last Friday. A dealer said traders were clueless as to what would…

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Pound Slumps To 2 Month Low Against Ringgit

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KUALA LUMPUR: The pound sterling slumped to a near two-month low of 5.4535 against the ringgit on Friday as Britain voted to exit the European Union (EU), which caused immediate turmoil on financial markets. At 3.04pm, the pound was off the low and was quoted at 5.6280 against the ringgit, but it was still down…

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Ringgit Opens Easier Against US Dollar

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KUALA LUMPUR: The ringgit retreated from yesterday’s gains to open easier against the US dollar today on weak buying interest. At 9.46 am, the local unit was quoted at 4.0620/0670 against the US dollarmfrom 4.0600/0660. The ringgit also traded mixed against other major currencies. It appreciated against the Singapore dollar to 3.0232/0292 from Monday’s close of 3.0340/0407 and…

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