Ringgit opens lower on falling oil prices


KUALA LUMPUR: The ringgit traded lower against the US dollar in the early trading session today on lack of demand due to falling crude oil prices, coupled with China's weaker Purchasing Managers' Index (PMI), said an analyst.

At 9.00 am, the local currency was trading at 4.2130/2160 versus the greenback from 4.2110/2135 at Friday's close.

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ringgit , US dollar , opening , China PMI , oil prices

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