Ringgit opens higher, US CPI data in focus


KUALA LUMPUR: The ringgit rebounded to open higher against the US dollar on Wednesday, as investors await more clues on the pace of inflation in the United States (US) from the March Consumer Price Index (CPI), said an analyst.

At 9 am, the local note rose to 4.4145/4180 versus the greenback from Tuesday’s closing rate of 4.4160/4210.

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