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Ringgit opens higher against dollar

KUALA LUMPUR: The ringgit extended yesterday’s gain to open higher against the US dollar today on the continued upward momentum in global oil prices, dealers said.

At 9.05am, the local unit strengthened to 4.3420/3500 from 4.3780/3870 against the greenback on Thursday.

The ringgit also traded higher against other major currencies.

It rose slightly against the Singapore dollar to 3.0311/0388 from 3.0426/0506 on Thursday, and went up against the yen to 3.6887/6971 from 3.7460/7550.

It appreciated against the British pound to 6.1752/1879 from 6.2014/2151 and strengthened against the euro to 4.7098/7198 from 4.7711/7823. -- Bernama

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