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Ringgit opens higher as as inflation eases, OPR normalisation in focus

KUALA LUMPUR: The ringgit opened mostly higher against major currencies on Tuesday despite a stronger US dollar, supported by easing domestic inflation and expectations of a possible normalisation of the Overnight Policy Rate (OPR).

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KUALA LUMPUR: The ringgit opened mostly higher against major currencies on Tuesday despite a stronger US dollar, supported by easing domestic inflation and expectations of a possible normalisation of the Overnight Policy Rate (OPR).

Against the greenback, the ringgit strengthened to 4.0780/0850 at 8 am, from Monday’s close of 4.0805/0845.

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