Ringgit opens higher vs US$ ahead of 2Q GDP estimate


KUALA LUMPUR: The ringgit opened higher against the US dollar on Wednesday as investors anticipated an upbeat advance estimate of Malaysia's second-quarter (2Q) gross domestic product (GDP), analysts said.

At 8 am, the local currency appreciated to 4.0740/0780 against the greenback from Tuesday's close of 4.0760/0800.

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