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FOREX: Ringgit Opens Lower Against US Dollar

in Latest/Slider

KUALA LUMPUR: The ringgit opened lower against the US dollar this morning on lack of buying interest for the local currency.

At 9.02 am, the local unit was quoted at 4.1480/1570 against the US dollar from 4.1410/1480 at 5 pm on Wednesday.

A dealer said, the US dollar remained steady against most emerging Asian currencies against the backdrop of heightened expectation of a US interest hike soon.

— BERNAMA

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