Ringgit Opens Higher Against U.S. Dollar

Closeup of Malaysia Ringgit currency notes and coins

The ringgit started the day stronger against the US dollar as global economic caution prompted investors to favor emerging currencies, including the ringgit, a dealer noted.

As of 9:10 am, the ringgit was trading at 4.7075/7110 against the greenback, improving from yesterday’s closing rate of 4.7110/7150.

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