Ringgit rises vs US$ on shutdown, rate cut expectations

KUALA LUMPUR: The ringgit extended gains against the US dollar on Wednesday, opening higher as concerns over a potential United States government shutdown weighed on the greenback.

At 8.02 am, the local note stood at 4.1980/2190 against the US dollar, up from Tuesday’s close of 4.2050/2090.

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Ringgit , Opening , Mohd Afzanizam Abdul Rashid , US shutdown , US dollar

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