Ringgit opens lower on sliding oil prices


KUALA LUMPUR: The ringgit opened lower against the US dollar today, owing to the sliding oil prices as a surge in new Covid-19 cases in the United States dampened investors’ mood, said an analyst.

As at 9am, the local unit weakened to 4.2670/2750 against the greenback from Thursday’s close of 4.2600/2650.

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ringgit , US dollar , oil , Stephen Innes

   

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