A Malaysia Ringgit note is seen in this illustration photo June 1, 2017. — Reuters pic
Last Friday’s data showed US homebuilding surged to a 13-year high in December, with retail sales also on the rise and manufacturing activity rebounding to its highest in eight months. The dealer said the ringgit market was also in cautious mode as traders were looking for market direction ahead of the consumer price index announcement and Bank Negara Malaysia’s policy decision this week.
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