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Ringgit is set for biggest weekly gain since March


  • Forex
  • Friday, 11 Jan 2019

At 9.19 am (0119 gmt), the ringgit stood unchanged from yesterday's close of 4.0950/1000.

At 9.19 am (0119 gmt), the ringgit stood unchanged from yesterday's close of 4.0950/1000.

 KUALA LUMPUR: The ringgit is set for its biggest weekly gain since March as a rally in crude prices eases concern about Malaysia’s fiscal position, Bloomberg reports.

The US$/ringgit has dropped 1% this week to 4.0957; falls 0.1% Friday. Support 4.0900, 4.0677, 4.0645; resistance 4.1531, 4.2020, 4.2437.

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