Ringgit opens firmer against greenback as DXY remains muted

KUALA LUMPUR: The ringgit opened slightly higher against the greenback as the US Dollar Index (DXY) remained muted despite the US inflation report coming in higher than expected.

At 8 am, the ringgit rose to 4.4675/4745 versus the US dollar compared to Wednesday’s close of 4.4680/4725.