Ringgit easier against US$ as weak Chinese GDP weighs

KUALA LUMPUR: The ringgit traded easier against the US dollar at the opening today, as China’s lower-than-expected gross domestic product (GDP) data appeared to be the excuse for the weaker ringgit, said an analyst.

At 9.10 am, the local note was traded at 4.5400/5425 against the greenback compared with 4.5340/5405 at Monday’s close.