KUALA LUMPUR: The ringgit opened lower against the US dollar on lack of buying support, despite a correction in the greenback index or DXY which fell further to 101.367 points after being in an overbought position for some time, an analyst said.
At 9 am, the local currency eased to 4.3710/3750 versus the US dollar from Monday's close of 4.3640/3685.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!