Ringgit opens lower against US$ as traders cautious on state elections


KUALA LUMPUR: The ringgit opened lower against the US dollar in early trade today as most traders refrained from making significant moves due to the upcoming elections in six states in Malaysia this week.

At 9.05 am, the local note eased to 4.5860/5905 against the greenback compared with 4.5815/5845 at Tuesday’s close.

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