KUALA LUMPUR: The ringgit opened lower against the US dollar today on lack of buying interest for the local currency. At 9.05am, the local unit was quoted at 4.1990/2020 against the greenback, from Friday's close of 4.1920/197. "However, we expect to see stronger buying demand for the ringgit later today, as traders track higher oil prices,” the dealer said. It advanced against the Singapore dollar to 3.1250/1286 from Friday’s close of 3.1342/1398, and appreciated against the yen to 3.8733/8771 from 3.8919/8977 previously. It weakened against the British pound to 5.5364/5412 from Friday's 5.5129/5203, and strengthened against the Euro to 5.0438/0491 from 5.0551/0624 previously.

Source: New Strait Times September 11, 2017 02:26 UTC