Ringgit rises on US$ weakness


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PETALING JAYA: The global reserve currency - the US dollar - has been losing steam over the past several months and has lost nearly 10% of its international value, as measured by the US Dollar Index, since its year-to-date peak in March.

The greenback continues to slip on a downward trend but that has put pressure on exporters in Malaysia that rely on dollar receipts.

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ringgit , dollar , greenback , weakness , Rakuten ,

   

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