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

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

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 on the rising possibility of military de-escalation in the Middle East as United States 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 close of 4.2915/2980.



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