Wait-and-see mode lifts ringgit slightly ahead of key US-China meeting
KUALA LUMPUR, June 3 — The ringgit closed higher against the US dollar on Tuesday, as traders remain cautious ahead of United States President Donald Trump and China's President Xi Jinping's expected meeting this week, said an analyst.
At 6pm, the local note inched higher to 4.2425/2485 versus the greenback from last Friday's close of 4.2530/2605.
SPI Asset Management managing partner Stephen Innes said traders are slipping into a wait-and-see approach ahead of the Trump-Xi meeting, which could be a key factor in market risk for the rest of the week. — Bernama
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