Ringgit opens marginally higher against US dollar

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KUALA LUMPUR (June 27): The ringgit opened marginally higher against the US dollar today in anticipation of a higher overnight policy rate (OPR) being set at the fourth Monetary Policy Committee (MPC) meeting next week to contain inflation, said an analyst.

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At 9.00 am, the local currency rose to 4.3990/4020 against the greenback from Friday’s close of 4.4010/4045.-BERNAMA