Money
Ringgit continues uptrend against US dollar boosted by gains in regional markets
A money changer counts RM50 ringgit bills at a currency exchange in Kuala Lumpur April 7, 2006. u00e2u20acu201c AFP pic

KUALA LUMPUR, Sept 11 — The ringgit continued its uptrend against the US dollar in early trading today, boosted by gains in regional Asian markets in tandem with the upbeat economic data from China and subsiding fears of a military strike in Syria, currency dealers said.

The ringgit rose sharply against the greenback to 3.2720/2750 from 3.2785/2815 yesterday.

The local currency was, however, weaker against the Singapore dollar at 2.5811/5840 from 2.5807/5849 yesterday but rose against the yen to 3.2664/2711 from 3.2742/2789 Tuesday.

The ringgit strengthened against the British pound to 5.1472/1532 from 5.1486/1546 yesterday and gained against the euro to 4.3419/3463 from 4.3434/3480 Tuesday. — Bernama

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