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Ringgit Hits RM4.11, Highest Level in Over Four Years
The Ringgit strengthened to 4.11 against the US dollar, its highest level in four and a half years, driven by weaker US economic data that boosted expectations of an interest‑rate cut by the Federal Reserve. Ringgit Hits RM4.11 At 6pm, it closed at 4.1115/1165, surpassing the previous peak recorded in June 2021. Analysts said a sharp drop in US ADP payrolls and rising job‑cut indicators have…
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