Ringgit opens marginally higher against greenback

KUALA LUMPUR: The ringgit opened marginally higher against the US dollar on renewed buying interest despite China’s further COVID-19 restrictions as well as uncertainty on the hung Parliament and government formation in Malaysia, said an analyst.

At 9 am, the local note rose to 4.5745/5830 against the greenback from Monday’s close of 4.5770/5850.