News & Articles Ringgit opens higher against US dollar

Ringgit opens higher against US dollar


1 Mar 2016
Ringgit opens higher against US dollar
The ringgit opened higher against the US dollar today on continued buying momentum, dealers said.

At 9.05 am, the local unit stood at 4.1870/1930 from 4.2000/2100 in extending the improvement against the US dollar from Monday.

The ringgit traded mixed against other emerging currencies.

It traded better against the Singapore dollar at 2.9773/9822 from 2.9883/9975 on Monday and rose against the euro to 4.5534/5611 from 4.5860/5986.

However, it depreciated against the British pound to 5.8308/8408 from 5.8246/8397 and weakened against the yen to 3.7234/7304 from 3.7231/7333.

Source: Nst.com.my

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