KUALA LUMPUR, April 20 – The ringgit strengthened against the US dollar in the early session Wednesday on weak US housing data, said a dealer. As of 9.14 am, the domestic unit appreciated to 3.8580/8630 against the greenback from yesterday’s close at 3.8870/8940. Meanwhile, the ringgit was higher versus other major currencies.
It rose against the British pound at 5.5497/5589 from 5.5658/5770 on Tuesday and increased against the euro at 4.3827/3899 from 4.4044/4138 yesterday. It was higher against the Singapore dollar at 2.8780/8837 from Tuesday’s 2.8900/8962 and went up against the yen at 3.5382/5537 from 3.5563/5636.