KUALA LUMPUR, April 22 — The ringgit traded slightly lower against the US dollar in early trade today, despite better crude oil prices.
At 9.05am, the local unit was traded at 4.1320/1350 against the greenback from 4.1300/1350 at Friday's close. A dealer said low demand also dragged down the local note as emerging markets continued to face a slowdown in economic growth.At the time of writing, benchmark Brent crude was 0.97 per cent higher at US$72.64 per barrel. It increased against the Japanese Yen to 3.6896/6933 from 3.6898/6949 and strengthened against the British pound to 5.3666/3710 from 5.3707/3792.Singapore dollar to 3.0481/0541 from 3.0473/0514, but slipped against the euro to 4.6452/6502 from 4.6446/6506.
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