Ringgit takes breather from rally


KUALA LUMPUR: The ringgit opened slightly lower against the US dollar Friday despite closing 200 basis points (bps) better Thursday, tracking the emerging market currency movement due to improved risk appetite for the Chinese yuan and an easier greenback.

At 9am, the local note was traded at 4.1070/1150 against the US dollar from 4.1050/1100 at Thursday's close.

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