Ringgit lower on surging US bond yields


KUALA LUMPUR: The ringgit opened lower versus the US dollar on Friday due to the strengthening greenback, which was supported by the surging US bond yields, dealers said.

At 9.03 am, the local currency slipped to 4.0680/0730 against the US dollar from 4.0550/0600 at Thursday's close.

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Ringgit , US dollar , Axi , Stephen Innes , OPEC , US yields

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