Ringgit strengthens as US Treasury yields fall


KUALA LUMPUR: The ringgit further strengthened its position against the US dollar in early session today from Friday’s close, riding on the weakening greenback as the US Treasury yields eased below 1.6 per cent, said an analyst.

At 9am, the local currency rose to 4.1020/1070 against the greenback from Friday’s close of 4.1080/1130.

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