KUALA LUMPUR: The ringgit opened higher for the fourth consecutive day as the Malaysian government adopts a pragmatic approach to fuel subsidies by balancing between fiscal discipline and cost-of-living concerns amid West Asia tensions.
At 8am, the local currency strengthened to 3.9855/4.0050 against the greenback from Thursday’s close of 3.9920/3.9955.
MORE TO COME
