Ringgit extends uptrend against US$ on lower unemployment data

KUALA LUMPUR: The ringgit extended its uptrend versus the US dollar by opening higher this morning, as demand for the local note improved after the just-released November 2022 unemployment data painted a positive economic outlook, an analyst said.

At 9 am, the local note rose to 4.3630/3680 against the greenback from Wednesday’s close of 4.3700/3725.