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The ringgit opened stronger against the US dollar on Friday, due to weaker US Dollar Index (DXY) amid mixed economic data. - Scoop file pic, May 23, 2025
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Ringgit opens higher against greenback on lower US dollar index

At 8 am, the local note rose to 4.2575/2860 against the greenback from Thursday’s close of 4.2705/2765

Bernama
Updated
8:54 AM MYT

 

KUALA LUMPUR – The ringgit opened stronger against the US dollar on Friday, due to weaker US Dollar Index (DXY) amid mixed economic data, said an analyst.

At 8 am, the local note rose to 4.2575/2860 against the greenback from Thursday’s close of 4.2705/2765.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the DXY remained below the 100-point level while the economic data was fairly mixed. – May 23, 2025

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