Ringgit opens lower against US$ on technical correction

KUALA LUMPUR: The ringgit opened lower against the US dollar today as technical correction prevailed following a sizeable rally over the last three trading days, said an analyst.

At 9.05 am, the ringgit depreciated to 4.6550/6600 versus the greenback from Monday’s closing rate of 4.6340/6400.

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Ringgit , US dollar , Mohd Afzanizam Abdul Rashid , Stephen Innes , Technical correction 

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