Ringgit opens lower against US$ amid Middle East tensions
The Star Online - Business·2024-05-08 11:02
KUALA LUMPUR: The ringgit retraced yesterday's gains to open weaker on Wednesday, as the greenback strengthened against other major currencies, analysts said.
They pointed to the demand for the safe-haven US dollar amid ongoing political tensions in the Middle East, despite the release of US jobs data last Friday.
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