Business

Ringgit opens slightly higher against US dollar

Sustained demand drives local note up to 4.1620/1665 versus the greenback

Updated 4 years ago · Published on 13 Oct 2021 11:03AM

Ringgit opens slightly higher against US dollar — The ringgit also traded higher versus a basket of other major currencies, including the Japanese yen and British pound. – The Vibes file pic, October 13, 2021

KUALA LUMPUR – The ringgit opened slightly higher against the US dollar today on sustained demand for the local unit.

At 9.04 am, the local note went up to 4.1620/1665 versus the greenback from Tuesday's close of 4.1630/1660.

The ringgit also traded higher against a basket of major currencies, rising versus the Japanese yen to 3.6695/6735 against Tuesday's 3.6750/6779 and appreciated versus the British pound to 5.6587/6735 from 5.6621/6662 previously.

The local note strengthened against the Singapore dollar to 3.0689/0726 compared with yesterday's close of 3.0703/0727 and gained against the euro to 4.8034/8086 from 4.8116/8151 previously. – Bernama, October 13, 2021

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