Ringgit opens higher amid caution over inflation


KUALA LUMPUR: The ringgit opened higher against the US dollar today with investors trading cautiously ahead of the consumer price index (CPI) data scheduled to be released on Friday, which may give hints on the rate of inflation in the country.

At 9.03 am, the local note stood at 4.1540/1560 versus the greenback from 4.1690/1700 at Monday’s close.

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