Ringgit increases to a 10-month high on U.S. monetary easing optimism

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Source: Bloomberg
The Malaysia's Ringgit increased by 0.4% to 3.0041 per U.S. Dollar on early Kuala Lumpur trading session on Tuesday. The currency appreciated to a 10-month high on speculation that the Federal Reserves Bank will continue to pump money into the U.S. economy, what will boost the price for risky assets and equity. Also, Malaysia's factory output increased by 7.5%, beating a 5.9% economists' estimation.
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