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Ringgit slightly lower against US dollar in early trade
Published:  Jan 27, 2017 10:55 AM
Updated: 3:06 AM

The ringgit was slightly lower against the US dollar in the early session today on profit-taking, following the local note's recent gains.

At 9.02am, the ringgit was traded at 4.4290/4350 against the greenback, lower than the 4.4270/4310 recorded at close yesterday.

However, a dealer said the ringgit would likely improve throughout the day as market sentiment towards the greenback, was fairly bearish on worries over US President Donald Trump's protectionist stance on trade.

Meanwhile, the ringgit traded higher against a basket of major currencies.

- Bernama

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