Ringgit ends lower vs US dollar on profit-taking after recent gains


KUALA LUMPUR: The ringgit ended the week lower against the US dollar after hitting a fresh high on Thursday, as investors locked in gains ahead of a shortened trading week due to the upcoming Chinese New Year holiday.

The local currency touched 3.8995 against the greenback on Thursday, hovering near its strongest level in almost eight years, last seen on April 23, 2018, at 3.8965/8995.

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ringgit , US dollar , currencies , greenback , Asean , GDP

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