KUALA LUMPUR : The ringgit opened lower against the US dollar on Monday as oil costs proceeded with their downtrend in the worldwide market on stresses over higher US unrefined inventories, merchants said.
At 9am, the ringgit was cited at 4.2040/2090 against the greenback from 4.1970/1020 on Friday.
At the opening, Brent rough was lower at US$45.88 a barrel.
He said Hillary Clinton's odds of being chosen US President has enhanced and this helped the US dollar.
"Clinton is probably going to keep up a strategy that keeps a solid dollar in the event that she is chosen," he said.
The ringgit was exchanged for the most part lower against a wicker container of real monetary standards.
The nearby note facilitated against the Singapore dollar to 3.0312/0359 from 3.0288/0333 on Friday and expanded against the yen to 4.0431/0487 from 4.0759/0820 beforehand.
The ringgit was exchanged lower against the British pound at 5.2470/2549 from Friday's 5.2370/2445 and slipped against the euro to 4.6669/6741 from 4.6583/6642 already.
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