Ringgit opens higher against greenback
An analyst says a decrease in US Treasury yields has prompted trading in a weaker dollar, supporting global expectations the Fed will ease its monetary policy soon. – The Malaysian Insight file pic, January 9, 2023.
At 9.01am, the local note was 185 basis points firmer at 4.38/39 versus the greenback from Friday’s close of 4.40/41.
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