Ringgit closes lower against US$ as interest in safe havens picks up

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The story "Ringgit closes lower against US$ as interest in safe havens picks up" was covered 2 weeks ago by The Star, a news publisher based in Malaysia.

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The Star 2w ago

Ringgit closes lower against US$ as interest in safe havens picks up - The Star

Quick Summary:

KUALA LUMPUR: The ringgit closed marginally lower against the greenback in the first trading day of December as investors shifted interest towards safe haven currencies, including the US dollar, an analyst said.

The ringgit traded mostly lower against a basket of major currencies.

It weakened versus the British pound to 5.6613/6683 from 5.6384/6473, strengthened against the euro to 4.6856/6914 from 4.6899/6973 and eased against the Japanese yen to 2.9648/9687 from 2.9589/9638 at Friday’s close.