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Ringgit opens stronger as US dollar weakens further
The ringgit extended its upward trend at Tuesday’s open, buoyed by persistent weakness in the US dollar.
KUALA LUMPUR: The ringgit extended its upward trend at Tuesday's open, buoyed by persistent weakness in the US dollar.
At 8.01 am, the local currency strengthened to 4.1955/2160 against the greenback from Monday's close of 4.2060/2130.
The US Dollar Index (DXY) slipped further to 96.875 as investors awaited key economic data, with the 90-day pause period approaching its end.
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