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KUALA LUMPUR: The ringgit is down against the US dollar at the opening today, in line with emerging Asian currencies and in the context of trade war tensions, said Stephen Innes, director Asia-Pacific Trading. I am, the ringgit was quoted at 4.0570 / 0600 against the greenback of the closing of yesterday from 4.0550 / 0600.
"Local traders are now waiting to follow the signals of the Bank of Japan and the Federal Open Market Committee "However, oil prices will continue to support the ringgit, while emerging Asian sentiment should continue to dictate price action," he added.
He fell against the Singapore dollar at 2.9802 / 9842 against 2.9761 / 9809 and slipped against the Japanese yen at 3.6559 / 6593 against 3.6509 / 6563 recorded on Monday.
The ringgit is depreciated vis-à-vis to the British p at 5.3252 / 3308 of 5.3202 / 3283 and fell against the euro at 4.7491 / 7530 of 4.7379 / 7445. – Bernama
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