Money
Ringgit opens marginally lower
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, Jan 20 — The ringgit opened marginally lower against the US dollar this morning as some investors turned to the safe haven currency, dealers said.

At 9.05am, the local unit was traded at 4.3720/3820 from 4.3625/3675 against the greenback at 5pm yesterday.

The local unit was traded mostly lower against other emerging currencies.

It depreciated against the Singapore dollar to 3.0410/0498 from 3.0375/0349 yesterday and eased versus the yen to 3.7218/7313 from 3.7017/7072 the previous day.

The ringgit appreciated against the British pound to 6.1956/2106 from 6.2384/2481 yesterday, but weakened against the euro to 4.7747/7873 from 4.7473/7536 yesterday. — Bernama

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