Ringgit Rises as US Dollar Weakens on Fiscal Worries

Ringgit rises as US dollar weakens on fiscal worries

KUALA LUMPUR: The ringgit opened stronger against the US dollar on Wednesday, supported by continued weakness in the greenback as fiscal uncertainties and tariff risks in the United States weighed on sentiment, an analyst said. © New Straits Times Press (M) Bhd

Ringgit Rises to Nine-Month High on Tariff Relief, Weak Dollar

Malaysia’s ringgit advanced to the strongest level in nine months against the dollar, buoyed by easing global trade tensions and broad weakness in the US currency.

Ringgit rises to 9-month high on tariff relief, weak dollar

The trade truce between the US and China, the top two destinations for Malaysian exports, also lifts optimism.