July 2: Ringgit opens higher against US dollar

 Publish date: Mon, 2 Jul 2018, 11:28 AM

KUALA LUMPUR: The ringgit extended gains from last week to open higher against the US dollar today, in line with most Asian currencies.

At 9.45am, the ringgit was quoted at 4.0350/0400 against the US dollar compared with 4.0380/0410 on Friday.

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

It rose against the Singapore dollar to 2.9578/9632 from 2.9624/9650, and strengthened against the yen to 3.6397/6446 from 3.6487/6524 on Friday.

The ringgit, however, weakened against the British pound to 5.3230/3312 from 5.3092/3147, and was lower against the euro at 4.7076/7139 from 4.7043/7082. - Bernama

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