Ringgit opened higher against US dollar
The ringgit opened higher against the US dollar, benefiting from the greenback’s continuing weakness. Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the ringgit remained well supported as the US Dollar Index fell 0.43% to 103.472 points. At 9.04 am, the ringgit traded at 4.6445/6500 against the greenback compared with yesterday’s close…