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Ringgit likely to trade higher against US$ next week

KUALA LUMPUR: The Ringgit will likely trade higher versus the US dollar next week, boosted by Bank Negara Malaysia’s measures to support the local currency, an analyst said. The central bank recently announced that exporters can only retain up to 25 per cent of export proceeds in foreign currency, so as to encourage more domestic trade in the ringgit. Under



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Ringgit likely to trade higher against US$ next week

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