The ringgit opened higher against the US dollar today on better demand.

Improved Standing is the result of Bank Negara Malaysia's measures effective Dec 13, aimed at boosting the ringgit's performance.

Multi Management and Future Solutions Malaysia: The ringgit opened higher against the US dollar today on better demand. 

At 9am, the local unit was traded at 4.4190/4240 against the US dollar from 4.4215/4255 on last Friday's close. 

A dealer said the improved standing is the result of Bank Negara Malaysia's measures effective Dec 5, aimed at boosting the ringgit's performance. 

Against a basket of major currencies, the ringgit traded mixed. 

Vis-a-vis the Singapore dollar, the ringgit rose to 3.1021/1067 from 3.1067/1100 and against the yen, improved to 3.8379/8450 from 3.8643/8681 last Friday. 

Compared with the British pound, the local currency weakened to 5.6020/6092 from 5.5768/5832, while against the euro, it fell to 4.7000/7058 from 4.6974/6034.

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