Ringgit recovers slightly against US dollar

comments     Bernama     Published     Updated

The ringgit opened higher against the US dollar today as more investors shifted interest towards emerging currencies, including the ringgit, dealers said.

At 9.40am, the ringgit was quoted at 4.2380/2430 against the US dollar from 4.2500/2600 yesterday.

The local note, however, was traded mostly lower against other major currencies.

It strengthened against the Singapore dollar to 3.0282/0322 from yesterday’s 3.0368/0455 but weakened against the yen to 3.5340/5397 from 3.5162/5256 yesterday.

The local unit fell against the euro to 4.8347/8408 from 4.8148/8274 yesterday and eased against the British pound to 6.5969/6059 from 6.5879/5056 previously.

- Bernama



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