Ringgit gets boost from firmer economic outlook


Riskier currencies were trading on a poor footing, given the firmer dollar and negative global equity sentiment.

KUALA LUMPUR: The ringgit opened higher against the US dollar on Wednesday on continued buying momentum for the local note, supported by the positive Malaysian economy, a dealer said.

At 9.01am, the ringgit was quoted at 3.8875/8920 from the 3.8885/8925 recorded at Tuesday’s close.

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