Ringgit lower in early trade on FTSE Russell concern

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KUALA LUMPUR (April 18): The ringgit was traded lower against the US dollar, in early trade today on weaker demand prompted by concerns over the potential downgrade of Malaysian bonds by global index provider, FTSE Russell.

At 9.09 am, the local unit was traded at 4.1400/1440 against the greenback from 4.1330/1360 at  yesterday's close. - Bernama