Ringgit opens slightly higher against US dollar
An analyst says the ringgit could enter an uptrend over the next few days if its manages to break above 4.4060 against the US dollar. – The Malaysian Insight file pic, January 11, 2023.
At 9.13am, the local note rose slightly to 4.3710/3760 against the greenback from Tuesday’s close of 4.3715/3755. “This could signal that US monetary policy may remain tight for some time to come, which could give the US dollar renewed strength over the next few days.
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