Ringgit higher at opening amid ongoing geopolitical tensions

KUALA LUMPUR: The ringgit opened higher against the US dollar and a basket of major currencies on Monday despite a strong US Dollar Index (DXY) as ongoing geopolitical tensions, with the United States’ (US) involvement in the Israel-Iran conflict, in focus, said an analyst. At 8 am, the local note rose to 4.2420/2655 against the greenback from Friday’s...