The Star·3 min read·medium
Ringgit opens higher vs US$ ahead of state poll
T
The Star Online
✦AI Summary
The Malaysian ringgit opened higher against the US dollar due to positive domestic sentiment ahead of the Negeri Sembilan state election. However, gains remain capped by investor caution regarding the upcoming US Federal Open Market Committee meeting.
KUALA LUMPUR: The ringgit opened higher against the US dollar on Monday, supported by positive domestic sentiment ahead of the Negeri Sembilan state election, although caution ahead of the US Federal Open Market Committee (FOMC) meeting capped gains.
economybusiness
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