Ringgit opens lower against US dollar


Oanda Corp Head of Trading for Asia Pacific, Stephen Innes, said with the market's focus shifting to Bank Negara Malaysia's policy normalisation, it should favour the ringgit, given the anticipated policy shift at the end of the month

KUALA LUMPUR: The ringgit opened marginally lower against the US dollar today on deterioration of risk sentiment, said dealers.

At 9am, the ringgit was quoted at 3.9050/9100 from 3.9030/9080 recorded at yesterday’s close.

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