Ringgit Extends Gains Against U.S. Dollar At Opening

Closeup of Malaysia Ringgit currency notes and coins

The ringgit extended Wednesday’s gains to open higher against the US dollar on Thursday as the greenback retreated from multi-month highs after a pullback in US Treasury yields, said an analyst. 

At 9.00am, the local currency rose to 4.7850/7885 versus the US dollar from Wednesday’s closing of 4.7910/7950. – Bernama

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