KUALA LUMPUR, May 13 — The ringgit closed lower against the US dollar today in line with the weaker regional emerging market currencies as sentiment was dampened by the stalemate in the US-China trade talks, dealers said.
A dealer said trade talks between the world’s two top economies came to a deadlock after Washington demanded promises of concrete changes to Chinese law, while Beijing said it would not swallow any “bitter fruit” that harmed its interests.
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