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Ringgit opens slightly higher than the US dollar



KUALA LUMPUR: Ringgit was slightly higher compared to the US dollar in today's opening of a mild buy-in for the local note, the dealer said.

At 9.00, the ringgate was 4.1900 / 1940 versus the US dollar of 4.1930 / 1960, recorded at yesterday's closing.

"The trading was fueled by the current higher oil prices, which helped stimulate the local note, while the green market fell after weak data on unemployment and factory orders," he said.

At 9:15 am the reference crude oil Brent was registered at $ 63.48 a barrel.

Ringgit was also traded higher than other major currencies.

It strengthened against the Singapore Dollar at 3.0499 / 0535 from 3.0519 / 0545 at yesterday's closing and prized against the Japanese yen to 3.7040 / 7079 from 3.7119 / 7149.

The domestic currency rose versus the British pound at 5.3531 / 3604 from 5.3582 / 3637 and rose against the euro at 4.7703 / 7757 from 4.7729 / 7784. – Bernama


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