KUALA LUMPUR: The ringgit strengthened against the US dollar at the opening today as demand for the latter diminished due to rising United States (US) jobless claims, weaker housing sales and slightly lower US bond yields, which ultimately favoured the ringgit.
At 9.01 am, the local currency rose to 4.4510/4550 versus the greenback from Thursday's close of 4.4575/4590.
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