Initial jobless claims fell to 216,000 last week from 229,000 in the previous week.
KUALA LUMPUR: The ringgit rebounded this morning after a week of losses despite the greenback firming after an unexpected drop in US unemployment benefits.
The initial jobless claims fell to 216,000 last week from the week before of 229,000, while continuing claims also declined to 1.679 million, well below the consensus forecast of 1.719 million.
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