Ringgit opened lower; rose against the Singapore dollar, increased versus the yen, appreciated vis-a-vis the British pound, strengthened against the euro.

Malaysia: The ringgit opened lower against the US dollar this morning, but was higher against other major currencies.

As of 9am, the local unit was quoted at 3.9600/9650 from yesterday's close of 3.9540/9580 (Forex Signal Malaysia).

The ringgit rose against the (Daily Forex Signals) Singapore dollar to 2.9456/9506 from 2.9578/9617 on Tuesday, and increased versus the yen to 3.5886/5938 from 3.5972/6081.

It also appreciated vis-a-vis the British pound to 5.3460/3531 from 5.3565/3635, and strengthened against the euro to 4.6831/6906 from 4.7155/7211.

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