KUALA LUMPUR: The ringgit traded lower against the US dollar at the opening on Friday due to the strengthening of the greenback as a safe haven.
-Advertisement-
At 9.15am, the local currency traded at 4.0500/0560 against the greenback from Wednesday’s close of 4.0440/0470.
The local market was closed yesterday for the Thaipusam public holiday.
-Advertisement-
Against other major currencies, the ringgit was traded mixed.
It appreciated against the Singapore dollar to 3.0451/0508 from 3.0491/0520 on Wednesday, and rose against the Japanese yen to 3.8763/8825 from 3.8956/8996.
The local currency, however, fell versus the British pound to 5.5558/5617 from 5.5536/5594, and depreciated vis-a-vis the euro to 4.9050/9106 from 4.9021/9131 previously. – BERNAMA