KUALA LUMPUR: The ringgit opened little changed against the US dollar today, after closing broadly higher yesterday, on positive sentiment brought by the approval of Budget 2021.
At 9am, the local currency was slightly lower at 4.0670/0720 against the greenback compared with Thursday’s close of 4.0650/0700. This would have cleared the uncertainty which will pave the way for cementing the convincing economic recovery next year, he said. “Despite that, some correction can be expected as the ringgit has been appreciating quite considerably of late,” he told Bernama.
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