Forex

Ringgit opens lower against US$ on lack of demand

KUALA LUMPUR: The ringgit opened lower against the US dollar on Monday due to lack of buying demand as the US Dollar Index continued to strengthen.

At 9.05 am, the ringgit stood at 4.7570/7620 versus the greenback compared with last Friday's close of 4.7155/7185.

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Ringgit , Closing , US dollar , Inflation , Stephen Innes

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