KUALA LUMPUR: The ringgit extended yesterday’s uptrend to open higher against the US dollar today on better risk appetite for the local currency.
At 9am, the ringgit was quoted at 4.1290/1320 against the greenback from 4.1320/1350 on Tuesday. A dealer said despite a stronger US dollar due to concerns over the Covid-19 outbreak made investors sought the greenback as a safe-haven asset, the ringgit performed better tracking the firmer Chinese yuan.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
