Ringgit rises on soft US economic data 


KUALA LUMPUR: The ringgit opened higher against the US dollar on Wednesday, supported by weaker United States (US) economic data that weighed on the greenback and prompted investors to reassess market sentiment, an economist said.

At 8 am, the local note climbed to 4.2180/2315 against the greenback from Tuesday’s close of 4.2260/2310.

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