KUALA LUMPUR: The ringgit opened marginally bring down against the greenback Tuesday, post the Christmas occasion, on an absence of catalyst combined with powerless unrefined petroleum costs, said merchants.
At 9 am(0100gmt), the neighborhood unit slid to exchange at 4.4750/4800 against the US dollar from last Friday's end of 4.4725/4755.
A merchant said the benchmark Brent Crude oil cost was on a minor downtrend at US$55.07 per barrel, while the West Texas Intermediate was on a lower note at US$53.05 per barrel.
"The forex market is relied upon to be dynamic as dealers would need to gain by and extend exchanging before the year closes," he said.
The ringgit exchanged blended against other significant monetary standards.
It acknowledged against the Singapore dollar to 3.0892/0935 from last Friday's 3.0934/0959, was barely lower against the yen at 3.8118/8163 from 3.8112/8145 and declined against the British pound to 5.4935/5041 from 5.4904/4946.
In any case, the nearby note edged up versus the euro to 4.6746/6807 from 4.6751/6800.
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