Ringgit rallies at open as US dollar slips on weak jobs; markets eye Fed stimulus next week

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Malay Mail Malesia 1h

Ringgit rallies at open as US dollar slips on weak jobs; markets eye Fed stimulus next week

KUALA LUMPUR, Dec 4 — The ringgit opened firmer at RM4.11 level against the US dollar this morning as markets priced in higher odds of United States (US) monetary easing next week. At 8 am, the ringgit was trading at 4.1100/1200, up from Wednesday’s close of 4.1200/1235. Bank Muamalat Malaysia Bhd »»»

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