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Ringgit Opens Higher Against U.S. Dollar, Extends 10-Day Rally

Business Today ·  08/01 22:45

The ringgit opened higher against the US dollar today, continuing its 10-day rally as investors anticipate possible Federal Reserve (Fed) rate cuts in September.

At 8 am, the ringgit marginally increased by 30 basis points to 4.5645/5725 against the greenback from Thursday's close of 4.5675/5710.

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