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KUALA LUMPUR (May 5): The ringgit extended its gains against the US dollar for the second consecutive day, buoyed by the stronger Brent crude oil price, dealers said.
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This cushioned the impact of further weakening of the local note amid mounting concerns over the enforcement of the Movement Control Order (MCO) 3.0 in Selangor.
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At 9am, the local currency rose to 4.1170/1220 against the greenback from Tuesday’s close of 4.1200/1260.-BERNAMA