Ringgit opens lower against US dollar

KUALA LUMPUR: The ringgit opened lower against the US dollar on Tuesday as the greenback strengthened further following the Bank of Japan's (BOJ) decision to buy 10-year Japanese Government Bonds (JGBs) from March 29 to 31.

At 9.00 am, the local currency was trading at 4.2200/2245 against the greenback from 4.2155/2175 at Monday’s close.