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2013.09.0401:30:00UTC+00Malaysian Ringgit Drops To 4-day Low Against US Dollar

The Malaysian ringgit erased yesterday's advance against the US dollar on Wednesday in Asia.

The ringgit reached a 4-day low of 3.3068 against the dollar, down almost 1.4 percent from Tuesday's fresh multi-week high of 3.2608.

On the downside, the next likely support for the Malaysian currency is seen around the 3.32 level.



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