Kuala Lampur, April 15 --  

KUALA LUMPUR, April 15 - The ringgit opened higher today, climbing to the 3.94 level against the US dollar, supported by improved sentiment on expectations of diplomatic progress following reports of a possible second-round US-Iran talks.

At 8 am, the local currency strengthened to 3.9430/9510 against the greenback, from 3.9500/9545 at Tuesday's close.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said, however, that the International Monetary Fund (IMF), in its latest forecast, projected global gross domestic product (GDP) growth to slow to 3.1 per cent and 3.2 per cent in 2026 and 2027, respectively, after expanding 3.4 per cent in 2025.

"The main risk is obviously th...