Ringgit extends downdtrend against US dollar in early session

KUALA LUMPUR (May 13): The ringgit opens slightly lower today, extending the downtrend as investors wait for Thursday’s announcement on the first quarter (Q1) Gross Domestic Product (GDP) figures.

At 9 am, the local note opened at 4.1595/1625 compared with 4.1570/1600 against the greenback. - Bernama