Ringgit opens lower vs US dollar
The ringgit weakens against the US dollar at the start of trading day in tandem with lower oil prices. — AFP pic
At 9.23am, the local unit was traded at 4.0970/1020 against the greenback from Tuesday’s close of 4.0920/0960. “But the combination of dovish global central banks and moderate domestic inflation does open the door to a preemptive Bank Negara Malaysia policy easing.
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