Ringgit slips to new 24-year low against US$


KUALA LUMPUR: The ringgit slipped further to a fresh 24-year low against the US dollar at the opening on Wednesday, in line with lower oil prices as more investors shifted towards safe-haven assets.

At 9.05 am, the local currency slid to 4.5200/5220 against the greenback from 4.5070/5085 at yesterday’s close.

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