KUALA LUMPUR: The ringgit traded lower against the US dollar today amid increased demand for safe-haven assets, particularly the US dollar, as market participants followed closely the directions taken by central banks such as the People’s Bank of China (PBoC) and Bank of England (BoE).
At 6 pm, the local note ended at 4.6385/6425 against the greenback compared with 4.6265/6350 at the close yesterday.
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