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Ringgit ends lower against US dollar for second day running 02 Mar 2021 / 20:03 H. KUALA LUMPUR: The ringgit ended lower against the US dollar for a second consecutive day today with the greenback somewhat stronger despite the risk-on mood in the equity market, a dealer said. At 6pm, the ringgit declined to 4.0570/0600 against the US dollar from 4.0550/0580 at Monday’s close. Axi chief global market strategist Stephen Innes said a more stable US dollar, lower oil prices, and an unexpected deeper slide in Malaysia’s February Manufacturing Purchasing Managers’ Index (PMI) weighed on the ringgit and local equity market sentiment. “Indeed, the dreary PMI print underscores Malaysia’s challenges as it seeks a sustainable recovery from the shattering Covid-19 pandemic blow,” he told Bernama.

Saudi arabiaKuala lumpurUnited kingdomStephen innesJeffrey halleyAsia pacificFebruary manufacturing purchasing manager indexMalaysia manufacturingசவுதி அரேபியாகுவாலா லம்பூர்ஒன்றுபட்டது கிஂக்டம்ஸ்டீபன் இநெஸ்ஜெஃப்ரி ஹாலேஆசியா பெஸிஃபிக்பிப்ரவரி உற்பத்தி வாங்குதல் மேலாளர் குறியீட்டுமலேசியா உற்பத்தி