KUALA LUMPUR: The ringgit weakened further against the US dollar at the opening on Friday, spurred by buying interest for the greenback as it continues to rally on news of high US Covid-19 vaccination rates, and concerns over an interest rate increase by the People's Bank of China.
The local unit fell to 4.0630/0675 against the dollar from Thursday's close of 4.0570/0600.
Meanwhile, the local unit was traded mixed against other major currencies.
It fell against the Singapore dollar to 3.0378/0423 from Thursday's 3.0374/0410, but improved against the yen to 3.8515/8562 from 3.8850/8582 on Thursday.
The local currency was down against the British pound to 5.5614/5680 from 5.5106/5163, but rose vis-a-vis the euro to 4.8618/8688 from 4.8623/8671 previously. - BERNAMA