KUALA LUMPUR: The ringgit extended last Friday's gains, trading firmer against the US dollar and breaching the RM4.30 level at Tuesday's opening, driven by persistent buying interest amid expectations of a US interest rate cut, analysts said.
At 8.05 am, the local currency appreciated further to 4.2930/3030 against the greenback, compared to Friday's close of 4.2975/3050.
The market was closed on Monday, Sept 16, in observance of both Prophet Muhammad's birthday and the Malaysia Day public holiday.
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....