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Forex

Ringgit opens lower on firmer support for US dollar

KUALA LUMPUR: The ringgit opened lower against the US dollar on firmer buying support for the greenback, backed by better US employment data.

At 9 am, the local currency was traded at 4.1970/2005 against the greenback from 4.1930/1955 at Wednesday’s close.

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ringgit , US dollar , US ADP Non-Farm Employment Change data , Fed , opening , major currencies

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