Ringgit dips as greenback rises on safe haven demand


KUALA LUMPUR: The ringgit opened slightly lower vis-a-vis the US dollar on Monday due to the strengthening of the greenback as a safe-haven demand for the currency among investors kicked in.

This is while they are concerned about a foreign policy pivot following US President-elect Joe Biden’s inauguration this week.

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Ringgit , US dollar , Joe Biden , Bank Negara , MCO 2.0

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