Ringgit stays close to RM3.97 after U.S. jobs and Iran news push up dollar
The ringgit opened at 3.9755/9855 per U.S. dollar on Wednesday, slightly weaker than Tuesday, as strong U.S. jobs data and Middle East tensions pushed investors toward the dollar. The U.S. Dollar Index reached 99.47, its highest since April 7. The ringgit rose against the pound and euro but slipped versus the yen. Brent crude traded at $109.76 a barrel, with analysts warning supply may remain tight.
