KUALA LUMPUR: The ringgit opened higher against the US dollar on Wednesday amid cautious sentiments due to the current global economic development, sa...
The ringgit opened higher against the US dollar on Wednesday amid cautious sentiments due to the current global economic development, said an analyst.
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said markets are still wary about the impending United States President-elect Donald Trump’s second term in the White House, the current geopolitical situation and the impact on economic prospects for 2025 and beyond. “Similarly, the US Dollar Index rose to a high of 106.81 points before settling at around 106.21 points,“ he told Bernama.
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