Ringgit weakens against US dollar amid ongoing trade war concerns


KUALA LUMPUR: The ringgit closed weaker against the US dollar today, weighed down by cautious market sentiment following reports of a 104 per cent tariff imposed on China, indicating the likelihood of a prolonged trade war.

At 6 pm, the local currency stood at 4.4935/4990 against the greenback, compared to yesterday's closing of 4.4885/4930.

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