Ringgit edges up as US dollar index slips


KUALA LUMPUR: The ringgit opened higher against the US dollar in early trade today, supported by a weaker greenback as the US Dollar Index (DXY) declined 0.33 per cent to 98.271 points amid thin trading conditions during the holiday-shortened week.

At 8 am, the local note strengthened to 4.0650/0765 against the US dollar from 4.0770/0800 at Monday’s close.

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