Ringgit opens firmer against US dollar

26 May 2016 / 11:09 H.

KUALA LUMPUR: 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 on Wednesday. — Bernama

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