Money
Ringgit slightly higher against US dollar in early trade
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, Feb 4 ― The ringgit opened slightly higher against the US dollar today, tracking higher crude oil prices.

At 9.11am, the local note appreciated to 4.1800/1835 versus the greenback from 4.1835/1850 at yesterday’s close.

At the time of writing, Brent crude advanced 0.18 per cent to US$91.27 (RM381.37) per barrel.

Meanwhile, the ringgit was traded mostly lower against a basket of other major currencies.

It eased against the Singapore dollar to 3.1104/1132 from Thursday’s close of 4.1835/1850 and declined versus the euro to 4.7865/7905 compared with 4.7207/7224 yesterday.

The domestic unit appreciated against the British pound to 5.6890/6937 from 5.6716/6736 and went up vis-a-vis the Japanese yen to 3.6370/6400 from 3.6458/6474. ― Bernama

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