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Fitch’s upgrade lifts ringgit out of doldrumsRINGGIT_RATE_050115_TMISETH_02.JPG

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The ringgit closed firmer against the US dollar today as the positive credit ratings and upward revision of Malaysia's outlook by Fitch Rating Agency helped bolster demand for the local unit. At 5 pm, the local currency was quoted at 3.7480/7530 against 3.7740/7770 yesterday. Fitch affirmed Malaysia's long-term foreign currency Issuer...

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