The ringgit opened slightly higher against the greenback, while the US Dollar Index rose to 105.009 points, a 1.5 percent increase from the previous day’s close.

At 8am, the ringgit stood at 4.3995/4340 against the dollar, rising from yesterday’s close of 4.4000/4070.

Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said Donald Trump’s return to the US presidency...