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Ringgit continues slide against US dollar

KUALA LUMPUR: The ringgit weakened further against the US dollar at the opening on Friday, spurred by buying interest for the greenback as it continues to rally on news of high US Covid-19 vaccination rates, and concerns over an interest rate increase by the People’s Bank of China.

The local unit fell to 4.0630/0675 against the dollar from Thursday’s close of 4.0570/0600.

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