Ringgit opens higher on declining US$ index

KUALA LUMPUR: The ringgit opened higher today as the US dollar Index (DXY) declined after the US Federal Reserve (Fed) provided a clear signal on its monetary stance for next year.

At 9 am, the ringgit improved to 4.6610/6670 against the US dollar from Wednesday's close of 4.7035/7085 .

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Ringgit , US dollar , opening , Bank Muamalat , Mohd Afzanizam Abdul Rashid , Fed

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