PETALING JAYA: A Malaysian student was convicted of murder in Britain for killing her newborn baby.
KUALA LUMPUR: The ringgit extended positive momentum to trade higher against the US Dollar in the early session today, supported by continued buying demand as more investors shifted to currencies from emerging countries, including the ringgit, an analyst said.
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the rise of the US Dollar Index seems to have been interrupted amid positive economic data in the United States. "The US Treasury yields were also lower; the 10-year US Treasury yield dropped 3.0 basis points to 4.21 per cent as the prevailing level became increasingly attractive with the Fed likely to ease its monetary policy albeit at a gradual pace,” he told Bernama today.
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