KUALA LUMPUR: The ringgit extended its downtrend to open lower against the US dollar as most traders kept sideways while closely monitoring developments in the US-China trade dispute, dealers said.
At 9 am, the ringgit was trading at 4.2020/2070 against the greenback from 4.2010/2050 on Monday.
A dealer said the losses, however, were limited by the improved oil prices on talks that the US and China signalled de-escalation of the trade spat they had intensified at the end of last week.
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