Ringgit opens higher against US$ for third straight day

KUALA LUMPUR: The ringgit opened stronger for the third consecutive day against the greenback, supported by a decline in the US Dollar Index (DXY) as investors awaited further cues from the White House regarding developments in trade policy.

At 8 am, the ringgit stood at 4.4660/4785 against the US dollar compared to yesterday’s closing rate of 4.4730/4780.