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Forex

Ringgit opens lower vs US$ as demand for greenback strengthens

KUALA LUMPUR: The ringgit opened lower against the US dollar due to higher demand for the greenback amidst the ongoing conflict in the Middle East.

At 9 am, the local currency fell to 4.7750/7785 against the greenback from last Friday’s close of 4.7655/7700.

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Ringgit , US Dollar , US Federal Reserve ,  Mohd Afzanizam Abdul Rashid

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