Ringgit opens easier against US dollar

comments     Bernama     Published     Updated

The ringgit opened easier against the US dollar in early trading today on lack of demand.

At 9.22am, the local currency opened softer against the greenback at 4.2410/2500 compared with 4.2030/2110 at the close on Friday.

“Players opted to lock in profits following the ringgit’s recent surge,” a trader said.

The ringgit was traded mixed against other major currencies.

It strengthened against the Singapore dollar to 3.0179/0264 from Fridays’s 3.0211/0273 and appreciated against the euro to 4.7966/8072 from 4.8112/8208.

The local note eased against the British pound to 6.5901/6066 from Friday’s 6.5697/5831 and reduced against the yen to 3.5389/5479 from 3.5242/5315 previously.

- Bernama



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