Ringgit opens higher against US dollar in early trade | Malay Mail

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KUALA LUMPUR, June 9 ― The ringgit extended last Friday’s upward momentum to trade higher against the US dollar in the early session today on renewed buying interest. At 9.08am today, the ringgit was quoted at 4.2400/2500 against the US dollar from last Friday's 4.2640/2700. AxiCorp global...

At 9.08am today, the ringgit was quoted at 4.2400/2500 against the US dollar from last Friday's 4.2640/2700. — Reuters pic

At 9.08am today, the ringgit was quoted at 4.2400/2500 against the US dollar from last Friday's 4.2640/2700. “The local note should look good on several fronts this week. With improving risk sentiment, equity and currency market volatility decreasing, investors hunt for yield will have them checking out catch up trades across the region, where the ringgit could benefit in the context of improving sentiment across regional peers,” he said.

Source: Loan Digest (loandigest.net)

 

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