Ringgit opens higher against US$ ahead of BNM annual report


KUALA LUMPUR: The ringgit opened higher against the US dollar on renewed demand for the local currency ahead of Bank Negara Malaysia’s (BNM) annual report on March 29 and the release of US consumer confidence data later today, said an analyst.

At 9 am, the local note bounced to 4.3850/3900 versus the greenback compared with Monday's closing rate of 4.4190/4240.

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