Ringgit Opens Easier Against US Dollar

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KUALA LUMPUR, Jun 21 – The ringgit retreated from yesterday’s gains to open easier against the US dollar today on weak buying interest. At 9.46am, the local unit was quoted at 4.0620/0670 against the US dollar from 4.0600/0660. The ringgit also traded mixed against other major currencies.

It appreciated against the Singapore dollar to 3.0232/0292 from Monday’s close of 3.0340/0407 and rose against the Euro to 4.6051/6128 from 4.6065/6149. The local unit, however, was down against the British pound at 5.9480/9573 from 5.9479/9583 and weakened against the Yen to 3.9050/9117 from 3.8833/8902 . — Bernama

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