News & Articles Ringgit opens higher against US dollar
Ringgit opens higher against US dollar
1 Mar 2016
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.
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