KUALA LUMPUR: The ringgit opened higher on Tuesday but is likely to trade cautiously today as traders will be observing Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting this Thursday, along with the United States (US) non-farm payrolls (NFP) report on Friday.
At 8 am, the local note rose to 4.2205/2300 against the US dollar from Friday’s close of 4.2230/2275.
