Favourable external environment could support ringgit


At 9 am (0100 GMT) the ringgit traded at 4.1020/1050 versus the greenback from Tuesday's close of 4.0950/0980. (Filepic of people waiting to buy foreign currencies.)

PETALING JAYA: A slightly more favourable external environment is expected to boost the ringgit for further gains ahead after the bumpy and gradual decline seen by the currency of late.

The ringgit has slumped by over 2.5% since it hit a high of 4.20 on Nov 28 last year.

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Malayan Banking , ringgit , dollar , external , environment , support ,

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