The ringgit continues its slide against the US dollar to open lower in the face of crude oil price weakness. ― Picture by Sayuti Zainudin
At 9.03 am, the local unit was traded at 4.3900/4000 versus the greenback as compared with 4.3880/3950 at the close of yesterday. “This is getting compounded by a somewhat resilient US dollar as global risk appetite wanes,” he said in a note today. The international benchmark, Brent Crude rose 1.5 per cent to US$19.62 per barrel, but still stay below US$20 per barrel.
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