Ringgit lower as US$ rises on talk of economic stimulus


KUALA LUMPUR: The ringgit opened lower against the US dollar on lack of demand. At 9.08 am, the ringgit was pegged at 4.1780/1830 against the greenback from 4.1750/1790 recorded on Monday.

Its status as safe haven would also add downward pressure on the ringgit with the local note’s direction would also be impacted by global interest rates movement.

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