Ringgit opens lower against US$ in light holiday trading


  • Business
  • Thursday, 26 Dec 2019

KUALA LUMPUR: The ringgit opened lower against the US dollar today in quiet trading as the greenback remained steady in light holiday trading on Christmas amid positive developments surrounding the US-China trade deal, a dealer said.

At 9am, the ringgit was traded at 4.1360/1390 versus the US dollar from Tuesday's close of 4.1350/1380 Hong Leong Bank Bhd in a note said the ringgit is expected to continue hovering within 4.1300-4.1500 for the remainder of this week in a muted trading week as the year comes to an end.

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