Ringgit rises to 4.39 on weaker dollar, US trade uncertainty

Ringgit rises to 4.39 on weaker dollar, US trade uncertainty

KUALA LUMPUR: The ringgit opened stronger against the US dollar on Monday, touching the 4.39-level as uncertainty over US trade policy weighed on the greenback amid ongoing negotiations with Japan and the European Union. © New Straits Times Press (M) Bhd

Ringgit rises to 4.39 on weaker dollar, US trade uncertainties

KUALA LUMPUR, April 21 — The ringgit opened stronger against the US dollar today, touching the 4.39-level as uncertainty over US trade policy weighed on the greenback amid ongoing negotiations with Japan and the European Union. At 8 am, the local currency strengthened to 4.3955/4195 against the greenback from last Friday’s close of 4.4100/4175. Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said uncertainty over trade pol…