Ringgit ends lower against firm US dollar

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Ringgit ends lower against firm US dollar
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KUALA LUMPUR: The ringgit ended lower against the US dollar, as the greenback stayed firm near its six-month high ahead of several key central bank ra...

: The ringgit ended lower against the US dollar, as the greenback stayed firm near its six-month high ahead of several key central bank rate decisions this week, particularly from the United States Federal Reserve .

At 6 pm, the local note fell to 4.6870/6915 against the US dollar from last Friday’s close of 4.6815/6845. He said that despite the recent signs of growth and inflation bottoming out amid measures taken by Beijing to boost investor confidence, foreign funds have been talking with their feet, exiting Chinese stocks en masse.

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