Ringgit opens at 3.88 against US dollar

Publish date: Tue, 12 Apr 2016, 03:22 AM

KUALA LUMPUR: The ringgit opened higher against the US dollar today on positive external conditions that boosted the buying of the local note, dealers said.

The ringgit was at 3.8800/8850 against the greenback from Monday's 3.8860/8920.

A dealer said the increase in crude oil prices to above US$42 per barrel also assisted the ringgit which traded higher against a basket of other currencies.

It rose against the Singapore dollar to 2.8843/8900 from 2.8873/8926 yesterday and improved against the Japanese yen to 3.5913/5969 from 3.5932/5997.

The local note appreciated against the euro to 4.4263/4328 from 4.4265/4349 and depreciated against the British pound to 5.5224/5303 from 5.5170/5263. -- Bernama

Discussions
Be the first to like this. Showing 4 of 4 comments

coolinvestor

aiyo

2016-04-12 15:04

speakup

3.70 coming.
sell export counters.....NOW!

2016-04-12 15:05

stockmanmy

the trend is US$ weakness.

2016-04-12 15:08

MillionInMaking

Heading to 3.70

2016-04-13 11:39

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