Ringgit slips to new all-time low vs US $ at opening

KUALA LUMPUR: The ringgit slipped to a fresh all-time low against the US dollar at the opening on Wednesday, breaching the 4.5600 level due to the lower oil prices, coupled with the strengthening of the greenback, a dealer said.

At 9 am, the local currency slid to 4.5640/5680 against the greenback from 4.5585/5595 at yesterday’s close.