At 9am the local currency dropped to 437603820 versus the US dollar from Tuesdays close of 437553780. KUALA LUMPUR June 1 The ringgit extended its downtrend to open lower against the US dollar today on a stronger US dollar Index DXY as the US Treasury went up amid fears of a further acceleration of global inflation said an analyst.
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The ringgit rebounded to open slightly higher against the US dollar on Friday May 20 on renewed buying interest amid slightly easing demand for the greenback due to softer US Treasury yields said an analystAt 902am the local note stood at 439403980 versus the greenback from Thursdays close of 440304060Bank Islam Malaysia.
. KUALA LUMPUR May 20.
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