Ringgit continues downtrend against US dollar at close
The ringgit continued its downtrend against the US dollar to close lower today as investors flocked to safe-haven assets amid worries over the global interest rate outlook.
At 6pm, the local note depreciated to 4.4850/4895 versus the greenback compared to Monday’s closing rate of 4.4755/4805.
SPI Asset Management managing director Stephen Innes said...
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