The ringgit opened higher against the US dollar and other major currencies supported by the announcement of Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) on the Overnight Policy Rate (OPR).
At 9.40am, the ringgit was at 4.4370 against the US dollar from 4.4340 at the close of trading on Wednesday.
The central bank maintained the OPR at 3.0 percent during its meeting yesterday.
Bank Muamalat Malaysia Bhd Chief Economist Dr Mohd Afzanizam Abdul Rashid said the current monetary policy stance supported the country's growth.
Meanwhile, the US Dollar Index (DXY) rose slightly to 108.219 points from 108.062 points previously as the market continued to focus on US President Donald Trump's policy announcement.
Meanwhile, the ringgit was traded higher against major currencies.
It rose against the euro to 4.6144/6316 from Wednesday's close of 4.6313/6376, rose against the British pound to 5.4590/4793 from 5.4822/4896, and edged higher against the Japanese yen to 2.8336/8445 from 2.8480/8522.
The local note traded mixed against Asean currencies.
It strengthened against the Thai baht to 13.0689/1249 from 13.1106/1345 and rose slightly against the Singapore dollar to 3.2710/2836 from 3.2781/2828.
However, the local note traded almost flat against the Indonesian rupiah at 272.3/273.4 compared to 272.3/272.8, and against the Philippine peso at 7.58/7.61 compared to 7.58/7.59 on Wednesday.
