KUALA LUMPUR: The ringgit opened broadly higher against the US dollar this morning as risk appetite for the local currency strengthened following the positive revision of Malaysia’s long-term sovereign credit ratings outlook by S&P Global Ratings (S&P).
At 9 am, the local currency rose to 4.3960/4000 against the greenback from 4.4030/4060 at 6 pm on Monday.
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