Ringgit opens stronger vs US$, major currencies


KUALA LUMPUR: The ringgit opened on a strong note against the US dollar as well as several major Asian and non-Asian currencies today, while the greenback weakened after the United States (US) Federal Reserve (Fed) raised its key interest rates to a 22-year high.

At 9 am, the local note rose to 4.5240/5290 against the greenback compared with 4.5470/5505 at Wednesday’s close.

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