At 9 am(0100gmt), the local unit stood at 4.2815/2845 against the greenback from 4.2760/2790 on Monday. (Filepic)
KUALA LUMPUR: The ringgit extended yesterday's gains to be higher against the US dollar early wednesday as more investors shifted to emerging currencies including the ringgit due to concerns over the US tax bill, amid the oil price rally, dealers said.
At 9.25 am(0125gmt), the local unit traded at 4.2270/2300 against the greenback from 4.2285/2305 on Tuesday.
