Ringgit Softens Against US Dollar Amid Trade Deal Watch

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Ringgit Softens Against US Dollar Amid Trade Deal Watch - Business Today

Quick Summary:

The ringgit opened slightly lower against the US dollar as traders continued to monitor the potential trade deal between the US and China, alongside ongoing geopolitical concerns, said an economist.At 8.02 am, the local note slipped to 4.2880/3090 against the greenback from Wednesday’s close of 4.2840/2910.

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The ringgit was traded mixed against its ASEAN counterparts in early dealings.