Ringgit gains against US$ in early trade


KUALA LUMPUR: The ringgit extended its gains to open better against the US dollar in early trade today as the greenback weakened amid growing anticipation of a global interest rate cut this year, an economist said.

At 9 am, the ringgit rose to 4.7080/7130 versus the greenback from yesterday’s close of 4.7110/7155.

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