KUALA LUMPUR: The ringgit opened almost flat against the greenback today as investors awaited new market direction.
At 9.04am, the ringgit was flat at 4.0580/0630 compared with yesterday's close of 4.0580/0620.
A dealer said that the ringgit had peaked last week to a nine-month high due to declining global tension as well as steady oil and commodity prices.
"As of now, the ringgit could go further coupled with stronger local financial policy in place," he said.
Against a basket of other currencies, the ringgit was traded mostly lower against other major currencies.
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