Ringgit slides further vs US dollar at opening

Ringgit slides further vs US dollar at opening

KUALA LUMPUR,. The ringgit was traded easier against the US dollar on Monday, dragged down by market volatility, while the United States Federal Reserve’s tightening of the monetary policy on better-than-expected global economic reading has continued to benefit the dollar, said a dealer.

At 10.39 am, the local currency fell to 4.5960/5980 against the greenback from last Friday’s 4.5775/5800.

The ringgit opened at 4.5910/5950 against the dollar today. — Bernama

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