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Ringgit Opens Slightly Higher Against US Dollar

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KUALA LUMPUR: The ringgit rebounded to open slightly higher against the US dollar today on renewed buying interest after recent losses, dealers said.

At 9.05 am, the local note stood at 3.9000/9080 against the US dollar from 3.9045/9105 on Monday.

The ringgit traded mixed against other major currencies, in being up against the Singapore dollar to 2.8823/8903 from Monday’s 2.8847/8902, while appreciating against the yen to 3.5075/5157 from 3.5119/5182.

It was stronger against the euro at 4.3934/4028 from 4.3941/4017, but weakened against the British pound to 5.6515/6650 from 5.6330/6425.


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