Reversal possible for ringgit after recent rally


PETALING JAYA: As the ringgit hits a seven-month high against the weakening US dollar, analysts say the local currency still has legs to run.

The local currency touched RM4.20 against the greenback yesterday. Barely a month ago, the exchange rate was nearing RM4.50 per US dollar.

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ringgit , currency , dollar , greenback

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