KUALA LUMPUR: The ringgit opened higher against the US dollar on Friday, buoyed by the increase in the Overnight Policy Rate (OPR) to 3.00 per cent, but the ringgit-dollar pair is projected to trade in a narrow range as risk-off mode leads to increased demand for the greenback.
At 9 am, the local note rose to 4.4350/4400 versus the US dollar from Wednesday’s closing rate of 4.4525/4580.
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