KUALA LUMPUR: The ringgit was higher against the US dollar early Wednesday on renewed buying interest and amid the better performance of Bursa Malaysia. At 9.00 am(0100gmt), the ringgit stood at 3.8970/9000 against the greenback from Tuesday's close of 3.9135/9165. He said the sell-off across world stock markets sent investors rushing into the dollar on Monday, helping the greenback to trade higher. The ringgit was also traded higher against a basket of major currencies. The ringgit also rose against the British pound at 5.4394/4440 from 5.4762/4808, and appreciated against the yen to 3.5609/5646 from 3.5897/5934.

Source: The Star February 07, 2018 01:52 UTC