KUALA LUMPUR: The ringgit opened easier against the US dollar today on slightly lower demand, a dealer said. At 9.02 am, the ringgit was quoted at 4.4740/4780 versus the greenback compared with 4.4730/4760 on Tuesday. “Besides the ringgit, other economies that saw their currencies weakening against the greenback included the euro and yen,” he added. This news has somewhat prompted confidence among traders and capped the local note from declining further, the dealer said. It rose against the Singapore dollar to 3.1100/1138 from 3.1151/1176 on Tuesday and increased against the yen to 3.8542/8580 from 3.8554/8593.

Source: New Strait Times January 11, 2017 02:07 UTC