Ringgit ends marginally lower against the US dollar


At 6pm, the local currency eased to 4.3880/3925 against the greenback, compared with Tuesday’s close of 4.3835/3905.

KUALA LUMPUR: The ringgit ended marginally lower against the US dollar yesterday, as the greenback strengthened on the back of renewed optimism surrounding US-China trade talks, says an economist.

Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said this happened following comments from US President Donald Trump signalling a possible reduction in tariffs if China is open to negotiations.

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