Geopolitical Concerns Causes Ringgit To Open Slightly Lower Against Greenback

The ringgit traded marginally lower against the US dollar at the opening on Thursday (Dec 29) following an uptick in geopolitical concerns around China’s border reopening and Russia’s new oil ban, analysts said.

At 9.13am, the local note eased to 4.4250/4295 against the US dollar from 4.4230/4275 at Wednesday’s close.

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