Ringgit opens higher against major currencies except US$

KUALA LUMPUR: The ringgit traded higher against major currencies but was marginally lower against the US dollar at the opening today on a cautious tone ahead of the US Federal Open Market Committee (FOMC) meeting minutes’ publication this week, said an economist.

At 9 am, the ringgit eased slightly to 4.7870/7930 against the greenback compared with Monday’s close of 4.7850/7890.