KUALA LUMPUR: The ringgit extended its rally on Friday, opening higher to reach another five-year high against the US dollar amid a holiday-shortened trading week. At 8 am, the local currency surged to 4.0410/0495 against the greenback from 4.0425/0515 at Wednesday’s close. "Hence, we expect ringgit to continue trading in a narrow range of RM4.04-RM4.05 today,” he said. At the opening, the ringgit was traded higher against a basket of major currencies. The local currency also traded higher against its ASEAN peers.

Source: The Star December 26, 2025 01:58 UTC