The ringgit begins the day's trade lower in what is seen as a bearish outlook. — Picture by Saw Siow Feng
At 9am, the ringgit was traded at 4.1360/1390 versus the US dollar from Tuesday's close of 4.1350/1380 “The ringgit’s medium-term outlook is still bearish as the dollar is still expected to be well supported by relatively solid US data,” it said. The agreement has been done but is being translated now, the research house said, noting it has brought about some positive sentiment to the market.
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