The Malaysian ringgit that declined against the dollar in early Wednesday Asian trading reversed direction after hitting a low of 3.66 at 8:45 pm ET. The ringgit rose to a 2-day high of 3.644 per dollar by about 11:10 pm ET. The next upside target level for the Malaysian currency is seen at 3.623. At yesterday's close, the dollar-ringgit pair was quoted at 3.6455.

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