Ringgit continues rise to RM4.039 against the dollar


Stronger ringgit: Year-to-date, the ringgit has gained 2.05% against the US dollar, which makes the Malaysian currency one of the top performers in the region so far this year.

KUALA LUMPUR : The ringgit continued the uptrend momentum at opening today as traders trimmed dollar positions on a bearish outlook for US interest rate hikes, dealers said.

At 9 am, the ringgit was quoted at 4.0395/0455 versus the US dollar from 4.0565/0625 yesterday.

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