March 30: Ringgit opens at 3.85 against US dollar

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KUALA LUMPUR: The ringgit opened higher against the US dollar today on increased demand. At 9am, the local note was quoted at 3.8590/8650 from 3.8660/8700 at Thursday’s close. Meanwhile, the ringgit traded mostly higher against a basket of other major currencies. It was better against the Singapore dollar at 2.9422/9479 from 2.9473/9506 on Thursday, but weaker against the yen at 3.6300/6359 from 3.6253/6294. It appreciated against the British pound to 5.4080/4180 from 5.4375/4443, and was higher versus the euro at 4.7466/7547 from 4.7598/7663.-NST

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