KUALA LUMPUR: The ringgit opened marginally lower against the greenback amid growing optimism that the US and China are closer to a truce in their trade dispute.
Axi Trader Asia-Pacific market strategist Stephen Innes said there was a significant carry over from last week's performance as both trade optimism and strong US economic data continued to resonate which saw inflows into the FTSE Bursa Malaysia KLCI.
At 9.10am, the ringgit was quoted at 4.1510/1550 against the greenback from 4.1500/1540 at Monday's close.
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