Forex

Ringgit breaches 4.00 level against greenback

KUALA LUMPUR: The ringgit opened firmer against the US dollar on Monday, hovering near its strongest level in more than seven years following a boost in risk appetite amid Bank Negara Malaysia's decision to maintain the overnight policy rate and a weaker US dollar index.

At 8am, the ringgit strengthened to 3.9850/9950 against the dollar from 4.0045/0080 recorded last Friday.

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Ringgit opening , US dollar , Mohd Afzanizam Abdul Rashid , geopolitical , Bank Negara Malaysia , OPR

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