KUALA LUMPUR : The ringgit opened lower against the US dollar today in accordance with the indiscernible raw petroleum costs post-US presidential race, said a merchant.
At 9 am, the ringgit was cited at 4.2500/2550 against the greenback from 4.2240/2300 on Wednesday.
Open Investment Bank Bhd, in a note today, said Donald Trump's triumph in US presidential race stunned Asian markets, considering his apparently "disputable" stands on specific issues and its conceivably extensive consequences on the worldwide stage, among which were identified with exchange, China and vitality.
Global benchmark Brent oil costs remained at US$46.28 per barrel at the opening while the West Texas Intermediate oil costs were valued at US$45.08 per barrel.
The ringgit was exchanged blended against a crate of significant monetary standards.
It facilitated against the Singapore dollar to 3.0351/0412 from 3.0345/0392 on Wednesday. It, be that as it may, reinforced against the yen to 4.0193/0252 from 4.0808/0877.
It devalued against the British pound to 5.2802/2894 from 5.2340/2427, yet ascended against the euro to 4.6410/6486 from 4.6679/6754.
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