The ringgit extended last Friday’s gains, trading firmer against the US dollar and breaching the RM4.30 level at today’s opening, driven by persistent buying interest amid expectations of a US interest rate cut, analysts said.

At 8.05am, 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 yesterday...