Malaysia: The ringgit opened
marginally higher against the US dollar this morning, lifted by continued
buying support for the local unit, a dealer said.
At 9 am, the local unit stood at
4.2835/2865 against the greenback compared with Wednesday's close of
4.2840/2870.
Players were positioning themselves
for key market events tomorrow, the release of US employment data and report.
"Domestically, players may want
to check out June's external trade statistics, also due to be released
tomorrow," he said.
Against other currencies, the ringgit
was higher, except versus the euro.
The local unit rose against the
Singapore dollar to 3.1459/1493 from 3.1507/1541 on Wednesday and strengthened
marginally against the yen to 3.8663/8701 from 3.8668/8705.
It firmed against the British pound
to 5.6611/6663 from 5.6660/6717 on Wednesday but weakened against the euro to
5.0738/0778 from Wednesday's 5.0710/0754.
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