Ringgit extends gains against US$ on improved risk appetite - News Summed Up

Ringgit extends gains against US$ on improved risk appetite


KUALA LUMPUR: The ringgit remained firm against the US dollar at the opening on Friday, supported by sustained demand for the local currency amid improving risk appetite among traders and investors. At 8 am, the local currency strengthened to 3.9750/9935 against the greenback from Thursday’s close of 3.9795/9845. Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the US Dollar Index (DXY) fell 0.32 per cent to 98.819 points. Nonetheless, guarded sentiment over the ceasefire would keep a lid on the pace of ringgit appreciation,” he told Bernama. The local currency traded mixed against ASEAN currencies.


Source: The Star April 10, 2026 14:55 UTC



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