The ringgit opened flat against the greenback on Friday due to muted demand as investors await further market catalysts.
At 9am, the local currency remained unchanged at 4.7380/7420 versus the US dollar from Thursday’s closing of 4.7380/7425.
ActivTrades trader Dyogenes Rodrigues Diniz said market participants are waiting for the release of the US nonfarm payrolls data later on Friday night, which has the potential to cause significant moves in the market.
