Ringgit extends uptrend against US dollar

KUALA LUMPUR: The ringgit finished Friday’s trading session stronger against the US dollar, reflecting Bank Negara Malaysia’s (BNM) pro-growth stance amid investors around the world beginning to seek better returns in riskier assets, giving support for the local currency.

At 6 pm, the ringgit climbed to 4.2830/2875 against the greenback from yesterday’s close of 4.3050/3100.

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ringgit , US dollar , interest rate , China , Stephen Innes , Bank Negara

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