The ringgit opened slightly higher against the US dollar amid improving US (US) economic data, supporting the current position of the DXY.
At 10.30am, the ringgit was at 4.2330, down 0.31% against the US dollar from its close of 4.2195 at the end of Thursday's trading.
Bank Muamalat Malaysia Bhd Chief Economist Dr Mohd Afzanizam Abdul Rashid said the ringgit remained well supported, supported by the government's commitment to ongoing fiscal reforms such as the sales and services tax (SST) and the rationalisation of the RON95 subsidy.
Foreign interest in Malaysian Government Securities (MGS) and Government Investment Issuance (GII) was also quite positive.
On the dollar's performance, Mohd Afzanizam said the US Dollar Index (DXY) rose 0.42 per cent to 97.18 points as the latest jobs report showed a resilient US labour market.
At the close, the ringgit was mostly traded lower against a basket of major currencies.
It rose against the Japanese yen to 2.9098/9207 from 2.9333/9376, appreciated against the British pound to 5.7568/7780 from 5.7621/7703, and rose against the euro to 4.9577/9759 from 4.9756/9827 yesterday.
The local note also traded higher against its Asean counterparts.
It improved against the Singapore dollar to 3.3057/3182 from 3.3146/3196, rose against the Thai baht to 12.9835/13.0421 from 13.0211/0457, and strengthened against the Philippine peso to 7.48/7.52 from 7.48/7.52
However, it was almost flat against the Indonesian rupiah at 260.0/261.1 from 260.5/261.0 at yesterday's close.
