Ringgit opens higher against greenback as prospect of Middle East de-escalation rises


KUALA LUMPUR: The ringgit opened higher against the US dollar on Tuesday (June 24) on the rising possibility of military de-escalation in the Middle East as United States (US) President Donald Trump announced a tentative ceasefire between Iran and Israel, said an analyst.

At 8am, the local note rose to 4.2770/2980 against the greenback from Monday's (June 23) close of 4.2915/2980.

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