The Star·3 min read·medium
Ringgit opens higher against US$
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The Star
✦AI Summary
The Malaysian ringgit strengthened against the US dollar following weaker-than-expected US non-farm payroll data, which reduced the likelihood of an immediate interest rate hike. Despite this gain, the currency faced mixed performance against other major global and regional currencies.
KUALA LUMPUR: The ringgit opened higher against the US dollar on Monday on weaker United States (US) non-farm payrolls (NFP) data.
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