The Malaysian currency that slumped to a 4-day low of 3.3295 against the US dollar on Tuesday's early Asian deals recouped some of its losses in late trading. The ringgit rose to 3.3075 against the greenback by 12:00 am ET. The dollar-ringgit pair that closed yesterday's deals at 3.3205 is presently quoted at 3.3250.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.