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Forex

Ringgit rebounds on firmer oil prices

KUALA LUMPUR: The ringgit rebounded in early trade on Wednesday as risk appetite for the local currency improved, thanks to the firmer oil prices.

At 9.00 am, the local currency strengthened to 4.0390/0420 against the US dollar from Tuesday’s close of 4.0420/0450.

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Ringgit , US dollar , Stephen Innes , central bank , Jerome Powell ,  

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