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The following table shows rates for Asian currencies against the dollar at 0138 GMT(0938 Malaysian time) on Friday July 10.

  CURRENCIES VS U.S. DOLLAR

  Change on the day at 0138 GMT

  Currency    Latest bid   Previous day    Pct Move

  Japan yen       121.83         121.32       -0.42

  Sing dlr        1.3474         1.3498       +0.18

 *Taiwan dlr      31.230         31.230       +0.00

  Korean won     1128.70        1133.90       +0.46

  Baht             33.91          33.96       +0.14

  Peso             45.15          45.21       +0.13

  Rupiah        13300.00       13332.00       +0.24

  Rupee            63.39          63.39       +0.00

  Ringgit         3.7810         3.7990       +0.48

  Yuan            6.2077         6.2088       +0.02

  Change so far in 2015

  Currency    Latest bid  End prev year    Pct Move

  Japan yen       121.83         119.66       -1.79

  Sing dlr        1.3474         1.3260       -1.59

  Taiwan dlr      31.230         31.718       +1.56

  Korean won     1128.70        1099.30       -2.60

  Baht             33.91          32.90       -2.98

  Peso             45.15          44.72       -0.95

  Rupiah    

KUALA LUMPUR: The ringgit extended yesterday’s gains against the US dollar on continued buying interest, dealers said.

In early trading, the ringgit was quoted at 3.7840/7870 to the greenback versus yesterday’s 3.7945/7975. At 9.15 am, the ringgit was firmer against other major currencies, except the euro.

“The downside is very limited for the ringgit against the greenback.

“Bank Negara Malaysia has strongly signalled that the local note was not trading according to its fundamentals and has

BANGKOK: Southeast Asian stock markets were mixed on Thursday, with the Malaysian benchmark ending three days of losses ahead of the central bank's decision to hold rates steady, while Indonesian large caps retreated amid selling led by foreign investors.

Malaysia's central bank held its overnight policy rate at 3.25 percent on Thursday, as expected, keeping policy steady while the Southeast Asian nation and its markets were rocked by corruption allegations against Prime Minister Najib

SINGAPORE: Most emerging Asian currencies rebounded on Thursday as Chinese stocks turned higher, easing concerns over its market rout for now, while Malaysia's ringgit edged up as authorities again intervened to prop up the regiona's worst-performing unit.

Chinese shares started the day sharply lower with CSI300 index down more than 3 percent earlier, indicating a market meltdown is not over yet. The country's stocks have lost about 30 percent over the last three weeks. 

But they reversed the

KUALA LUMPUR: Greece’s new reform proposals to creditors could provide a much needed boost to Bursa Malaysia on Friday.

Reuters reported the reforms raised hopes of a cash-for-reform deal at a weekend summit of European leaders. This saw US stock futures jump and the euro gain in early Asian trade.

Overnight on Wall Street, the key indices ended off highs as investors remained cautious on China and Greece. 

The DJIA and S&P500 gained 0.19% and 0.23% respectively to end at 17,548.62 and

KUALA LUMPUR: A weaker ringgit will attract more foreign investment into the country's property sector, Guocoland (Malaysia) Bhd managing director Tan Lee Koon said on Thursday.

The property arm of Hong Leong Group expects the current exchange rate scenario to spur demand for luxury residences in its Damansara City development, which has a gross development of RM2.5 billion.

On Monday, the ringgit breached the 3.80 level against the US dollar, the level at which it was pegged against the

KUALA LUMPUR: The ringgit opened higher against the US dollar Thursday, lifted by some buying support for the local unit, dealers said.

At 9.20 am, the ringgit was quoted at 3.8000/8030 against 3.8050/8080 at 5pm on Wednesday.

A dealer said Malaysia's central bank may intervene at above the 3.8050 level to support the ringgit.

"At 3.8000, the level remains a strong psychological reference point for traders, currently," he added.

The local note was traded lower against a basket of currencies

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