Ringgit opens slightly higher ahead of Fed speech


KUALA LUMPUR: The ringgit opened marginally higher against the US dollar and a basket of major currencies on Friday as investors awaited policy signals from the US Federal Reserve (Fed) at the Jackson Hole Economic Policy Symposium later in the day.

At 8 am, the ringgit stood at 4.2200/2400 compared with Thursday’s close of 4.2235/2275.

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