KUALA LUMPUR, May 19 — The ringgit opened higher today against the US dollar buoyed by Moody’s Ratings recent downgrade of the US credit rating on concerns over rising debt.

KUALA LUMPUR, Jan 25 — Moody’s Ratings (Moody’s) has reaffirmed Malaysia’s sovereign credit ratings at “A3” with a “stable” outlook while declaring that Malaysia’s medium-term growth prospects remain buoyant.