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KUALA LUMPUR (March 15): The ringgit opened flat against the US dollar today as traders cautiously await the Federal Open Markets Committee (FOMC) meeting on March 16 and 17 after the US 10-year yields were up nine basis points to 1.62% last Friday.
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At 9am, the ringgit was quoted at 4.1130/1190 against the US dollar against 4.1160/1200 at the close last Friday.- The Edge Market