Ringgit opens stronger despite caution over US interest rate hikes


KUALA LUMPUR: The ringgit has strengthened against the US dollar at the opening today, as markets remain cautious about the greenback over the possibility of a hike in the interest rate, a dealer said.

At 9.01 am, the local currency was trading at 4.1760/1790 against the US dollar compared with 4.1890/1920 at Tuesday’s close.

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