MALAYSIAN RINGGIT RISES TO MORE THAN 2-WEEK HIGH AGAINST U.S. DOLLAR

The Malaysian ringgit strengthened against the U.S. dollar in the Asian session on Friday. Against the greenback, the ringgit rose to more than a 2-week high of 4.7360 from yesterday's closing value of 4.7500.

If the ringgit extends its uptrend, it is likely to find resistance around the 4.70 area.

News are provided by InstaForex

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