Money
Ringgit opens easier against US dollar
Malaysian ringgit notes of different denominations on top of US dollar notes in this file photo illustration March 14, 2013. u00e2u20acu201d Reuters pic

KUALA LUMPUR, Feb 17 — The ringgit opened easier against the US dollar today on lack of buying interest, as traders shifted their interest to the greenback, a dealer said.

At 9am, the local note was traded at 4.1370/1410 versus the US dollar from last Friday’s closing of 4.1360/1400.

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The dealer said market participants stayed on the sidelines for the latest developments surrounding the Covid-19 outbreak.

Meanwhile, the ringgit was traded mixed against other major currencies.

It appreciated against the Singapore dollar to 2.9731/9764 from 2.9751/9797 and rose versus the euro to 4.4829/4876 from 4.4851/4902 on Friday’s closing.

The ringgit depreciated against the British pound to 5.3967/4028 from 5.3904/3973 and fell vis-a-vis the Japanese yen to 3.7681/7728 from 3.7665/7705. — Bernama

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