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Ringgit closes higher as softer US data dampens Fed rate hike expectation

KUALA LUMPUR: The ringgit closed higher against major and regional currencies on Monday, including the greenback, as softer US economic data dampened expectations of a US Federal Reserve (Fed) interest rate hike in September.

Ringgit closes higher as softer US data dampens Fed rate hike expectation

We haven't written up this one. New Straits Times has the full story — the link below goes straight to it.

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