Ringgit retreats against greenback on declining crude prices


KUALA LUMPUR: The ringgit retreated from its gains last week to open lower against the US dollar on Tuesday, weighed by a strengthening greenback and declining crude oil prices, an analyst said.

At 9 am, the local note eased to 4.5000/5100 against the US dollar from Friday’s close of 4.4795/4890.

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Ringgit , Opening , US dollar , Stephen Innes , Fed , Oil price

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