Money
Ringgit opens at 4.0850/0900 against the US dollar
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, May 26 — The ringgit opened firmer against the US dollar, in early trade, tracking improved oil prices.

At 9.04am, the local unit was quoted at 4.0850/0900 against the US dollar from 4.1010/1060 at 5 pm yesterday.

Against other major currencies, the ringgit was traded mostly higher.

It rose against the Singapore dollar to 2.9649/9707 from Wednesday's close of 2.9711/9751, gained against the British pound to 6.0070/0168 from 6.0071/0153 and improved against the euro to 4.5625/5698 from 4.5706/5774 yesterday.

However, the ringgit depreciated vis-a-vis the yen to 3.7268/7331 from 3.7197/7260 yesterday. — Bernama 

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