Ringgit firmer ahead of BNM policy meeting

KUALA LUMPUR: The ringgit opened firmer against the US dollar on Wednesday ahead of Bank Negara Malaysia’s Monetary Policy Committee meeting tomorrow, where policymakers will assess inflation and growth, key factors shaping the outlook for the Overnight Policy Rate.

At 8am, the domestic unit traded at 3.9530/3.9635 against the greenback, compared with 3.9600/3.9635 at Tuesday’s close.

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