Ringgit opens at new all-time low vs US dollar

The ringgit opened at a fresh all-time low against the US dollar today as demand for the greenback remains strong due to its stature as a safe-haven currency, dealers said.

At 9am, the local note depreciated against the US dollar at 4.7105/7135 from last Friday’s closing of 4.7025/7065.

In a note today, Kenanga Research said...