Positive sentiment boosts ringgit on first trading day of 2023


KUALA LUMPUR: The ringgit opened marginally higher against the US dollar on the first trading day of 2023, as China’s reopening and anticipation for less aggressive interest rate hikes in the United States (US) boosted buying support, dealers said.

At 9 am, the local note traded at 4.3965/4050 versus the US dollar from 4.3995/4095 at the close last Friday.

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