Published On: Wed, May 13th, 2015

Ringgit opens broadly higher against US dollar, other major currencies




The ringgit opened broadly higher against the US dollar and other major currencies on renewed demand for the domestic currency, a dealer said.

At 9.15 am, the local unit firmed against the US dollar to 3.6005/6045 from 3.6150/6180 yesterday.

The local currency rose against the Singapore dollar to 2.6982/7018 from 2.7060/7103 yesterday and strengthened against the yen to 3.0037/0083 from 3.0117/0147 on Tuesday.

The ringgit was also traded higher against the British pound at 5.6395/6479 from 5.6607/6669 yesterday and gained against the euro to 4.0387/0442 from 4.0701/0750 on Tuesday.- Bernama