Ringgit opens near one-year high against US$ ahead of MPC meeting


KUALA LUMPUR: The ringgit opened higher against the US dollar on the first trading day of November, nearing its one-year high, with traders anticipating an unchanged overnight policy rate (OPR) at 2.75 per cent.

At 8 am, the ringgit stood at 4.1795/2005 against the greenback, compared with last Friday’s close of 4.1860/1930. 

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