Jan 11: Ringgit back at 3.9 level against US dollar


KUALA LUMPUR: The ringgit was higher against the US dollar in early trading today on the back of an optimistic outlook of foreign fund inflows and sound economic fundamentals.

At 9.13am, the local unit stood at 3.9980/0020 against the greenback, from 4.0020/0070 at the close yesterday.

Meanwhile, the ringgit traded mixed against a basket of other major currencies.

It was flat against the Singapore dollar at 2.9975/0018 from 2.9975/9024 at the close yesterday, but rose against the British pound to 5.4013/4075 from 5.4019/4090.

The ringgit declined against the yen to 3.5860/5899 from 3.5806/5857, and fell against the euro to 4.7804/7864 from 4.7776/7844. -- BERNAMA

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