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Jan 18: Ringgit opens weaker against US dollar

KUALA LUMPUR: The ringgit depreciated against the US dollar in early trade today on a lack of buying momentum.

At 9am, the ringgit stood at 3.9625/9655 against the greenback from Wednesday's close of 3.9520/9560.

Meanwhile, the local note traded mixed against a basket of other major currencies.

It strengthened against the euro to 4.8303/8351 from Wednesday's 4.8388/8441, and appreciated against the yen to 3.5596/5629 from 3.5674/5720.

The ringgit eased against the British pound to 5.4754/4811 from 5.4506/4577, and declined against the Singapore dollar to 2.9888/9917 from 2.9867/9906 previously. -- Bernama

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