KUALA LUMPUR: The ringgit continued to strengthen against the US dollar on Thursday, buoyed by a softer US Dollar Index (DXY), which declined by 0.25 per cent to 98.386 points.
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the drop followed news that US President Donald Trump’s administration plans to issue letters regarding its tariff decisions within the next two weeks.
