KUALA LUMPUR: The ringgit opened higher against the US dollar and most major currencies today on renewed demand for it, a dealer said. At 9.15 am, the local unit stood at 4.2180/2230 against the greenback from Tuesday’s close of 4.2220/2250. A dealer said the improved risk appetite for the ringgit was due to steady commercial demand. The local currency rose against the Singapore dollar to 3.1092/1134 from 3.1133/1160 on Tuesday and strengthened against the yen to 3.7354/7408 from 3.7636/7669 previously. The ringgit was traded higher against the British pound to 5.5728/5811 from Tuesday’s 5.5946/5994.

Source: New Strait Times October 19, 2017 01:52 UTC