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2008.12.2221:37:00UTC+00Malaysian ringgit drops to 5-day low against US dollar

The Malaysian ringgit traded down against the US dollar during Tuesday's early Asian deals. At 8:50 pm ET, the ringgit declined to a 5-day low of 3.4950 against the dollar, compared to Monday's closing value of 3.4828. On the upside, 3.519 is seen as the next target level for the Malaysian currency.

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