Ringgit leads Asian currency gains as Fed bets send dollar lower

  • 6 years ago
Malaysia's ringgit led gains in Asian currencies as the dollar extended losses after disappointing U.S. data prompted traders to again pare rate-increase bets.

The ringgit rose 0.9 percent to 3.6737 versus the greenback in Kuala Lumpur this morning.

A gauge of the dollar fell 0.2 percent and has lost 1.4 percent in three days.

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