Ringgit opens marginally higher amid cautious sentiment

Publish date: Wed, 07 Aug 2024, 08:42 AM

KUALA LUMPUR: The ringgit opened marginally higher against the US dollar as investors adopted a wait-and-see approach to the latest economic developments.

An analyst said global markets appear to be rebounding from Monday's meltdown, indicating recovery. However, sentiment is likely to remain anxious.

At 8 am, the ringgit edged up to 4.4700/4780 against the greenback from yesterday's close of 4.4725/4770.



  - Bernama

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