Money
Ringgit opens higher against US dollar, major currencies
Malaysian ringgit notes are seen among U.S. dollar bills in this photo illustration taken in Singapore August 24, 2015. u00e2u20acu201d Reuters pic

KUALA LUMPUR, Dec 7 — The ringgit opened broadly higher against the US dollar and other major currencies today on renewed demand for the domestic currency, a dealer said.

At 9.20am, the local unit firmed up against the US dollar to 4.2050/2090 from Friday’s 4.2215/2265.

The local currency rose against the Singapore dollar to 3.0074/0107 from 3.0197/0254 on Friday and strengthened against the yen to 3.4126/4161 from 3.4369/4421.

The ringgit unit was also traded higher against the British pound at 6.3508/3573 from 6.3762/3858, and gained against the euro to 4.5687/5743 from 4.5879/4951 Friday. — Bernama

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