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Ringgit ends higher against greenback

Ringgit has ended higher against the US dollar today. – The Malaysian Insider file pic, March 10, 2016.Ringgit has ended higher against the US dollar today. – The Malaysian Insider file pic, March 10, 2016.The ringgit closed higher against the US dollar today in line with regional currencies, said a dealer.

At 5pm, the local unit was traded at 4.0950/0030 against the US dollar from 4.1250/1349 on Wednesday.

The dealer said stronger domestic unit was helped by gains in the oil market earlier.

The ringgit also strengthened against other major currencies.

It rose against the Singapore dollar to 2.9650/9730 from 2.9788/9863 on Wednesday and increased against yen to 3.6098/6185 from yesterday's 3.6660/6758.

It appreciated against the British pound to 5.8206/8332 from 5.8633/8786 yesterday and higher against the euro to 4.4889/4985 from 4.5272/5397 on Wednesday. – Bernama, March 10, 2016.

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