The Malaysian ringgit that dropped to a fresh 4-month low of 3.1580 against the US dollar in early Asian deals on Thursday at 7:45 pm ET reversed its direction thereafter. As of now, the ringgit is worth 3.1450 per dollar.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.