#Ringgit opened mostly higher; marginally against Singapore dollar, improved against Japanese yen, rose slightly against British pound, increased versus euro

Malaysia: The ringgit extended losses from yesterday to open lower against the US dollar, as the greenback continued its rise on the back of improving US bond yields.

At 9am, the local note was quoted at 3.9150/9200 compared to 3.9100/9130 on Wednesday.

However, the ringgit opened mostly higher against a basket of other major currencies.

It eased marginally against the Singapore dollar to 2.9480/9529 from 2.9474/9508 on Wednesday, but improved against the Japanese yen to 3.5776/5832 from 3.5839/5876.

The local unit rose slightly against the British pound to 5.4571/4645 from 5.4576/4629, and increased versus the euro to 4.7653/7722 from 4.7718/7770.

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