KUALA LUMPUR: The ringgit opened higher against the US dollar this morning, although the greenback had strengthened following lower-than-expected jobless claims in the United States (US), said an analyst.
At 8 am, the ringgit appreciated to 4.4695/4800 versus the greenback from yesterday's close of 4.4710/4750.
The initial jobless claims dropped to 233,000, lower than consensus estimates of 241,000 and last week's level of 250,000.
More to come