Ringgit opens slightly higher against US dollar

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KUALA LUMPUR (Oct 13): The ringgit opened slightly higher against the US dollar on Wednesday on sustained demand for the local unit.


At 9.04am, the local note had gone up to 4.1620/1665 versus the greenback from Tuesday’s close at 4.1630/1660.

The ringgit was also traded higher against a basket of major currencies, rising versus the Japanese yen to 3.6695/6735 against Tuesday’s 3.6750/6779 and appreciated versus the British pound to 5.6587/6735 from 5.6621/6662 previously.


The local note strengthened against the Singapore dollar to 3.0689/0726, compared with Tuesday’s close at 3.0703/0727, and went up against the euro to 4.8034/8086 from 4.8116/8151 previously.-BERNAMA