Ringgit opens lower as US dollar advances

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KUALA LUMPUR (Aug 20): The ringgit opened lower against the US dollar on Friday as the safe haven greenback advanced amidst ongoing concerns over the rising COVID-19 cases globally and better United States (US) initial jobless claims data, analysts said.

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At 9 am, the local note stood at 4.2365/2385 versus the greenback from yesterday’s close of 4.2355/2400.-BERNAMA

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