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KUALA LUMPUR (April 8): The ringgit eased against the US dollar on Thursday after the US Federal Reserve indicated that the US economy will continue improve, boosting the greenback.
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However, the positive vibe in the local bond market is cushioning the ringgit, and it was traded mostly higher versus other major currencies at the opening bell today.
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At 9.01am, the local unit stood at 4.1350/1410 against the US dollar from 4.1300/1330 at Wednesday’s close.-The Edge Market