The ringgit opened higher against the US dollar on Monday, rebounding after two consecutive sessions of losses, amid growing concerns over the impact of the United States’ tariffs on its economy.

SHANGHAI: Japanese rubber futures declined on Thursday, as improved weather in key producing regions raised output expectations and weaker US manufacturing activity dampened sentiment. The Osaka Exchange (OSE) rubber contract for January delivery was down 2.8 yen, or 0.88%, at 317.1 yen ($2.16) per kg.

Shares of Malaysia's glove giants tumbled to multi-year lows on Wednesday, dragged down by disappointing earnings, persistent concerns over a global supply glut and looming United States import tariffs

The ringgit opened firmer against the US dollar on Thursday, lifted by a softer greenback amid growing expectations of interest rate cuts by the United States Federal Reserve (Fed) in the coming months.

Oil prices were little changed in early Asian hours on Friday.

The ringgit opened firmer against the US dollar on Friday, extending gains, after United States (US) economic data strengthened expectations of an imminent interest rate cut at the Federal Reserve’s upcoming policy meeting, an economist said.

The dollar remained lower against major peers on Thursday.

The study found that India’s long-standing trade surplus in rubber products faced disruptions post-2007–08, driven by a widening gap between imports and exports