Ringgit opens slightly lower against US dollar
Local note depreciates Thursday morning despite a weaker greenback due to declining oil price. – The Malaysian Insight file pic, January 19, 2023.
At 9.07am, the ringgit depreciated to 4.3210/3250 against the greenback from Wednesday’s close of 4.3130/3185. However, he said risk-off has gripped global markets after a deeper-than-expected fall in US data which sent hints of a recessionary period.
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