Ringgit opens lower on improved demand for greenback

KUALA LUMPUR: The ringgit opened lower against the US dollar today on better demand for the greenback as the US Treasury yields increased.

At 9 am, the local currency was traded at 4.1795/1825 against the greenback from 4.1715/1740 at Monday’s close.

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Ringgit , US dollar , US Treasury , yield , export , opening

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