Ringgit opens higher as US trade policy uncertainty, fiscal concerns weigh on dollar

KUALA LUMPUR: The ringgit opened higher against the US dollar today, buoyed by continued weakness in the greenback amid growing concerns over the United States’ (US) fiscal trajectory and trade policy inconsistencies.

At 8.05 am, the ringgit rose to 4.2050/2250 against the US dollar compared with Monday’s close of 4.2155/2220.