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The ringgit rose 0.22% to 4.4600 from 4.4700.

The ringgit is edging close to its all-time low against the US dollar, but SMEs are still resilient at this level given the vibrant, albeit challenging, market, reports JOY LEE.

WHILE small businesses continue to struggle with higher import cost of material amid the ongoing decline of the ringgit, SMEs are still able to hold on at current levels as the cost of the weaker ringgit has already been priced in and passed on to consumers.

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