Wednesday November 15, 2017
10:08 AM GMT+8

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The ringgit continues to enjoy buying interest to open higher against the US dollar. — AFP picThe ringgit continues to enjoy buying interest to open higher against the US dollar. — AFP picKUALA LUMPUR, Nov 15 — The ringgit opened higher against the US dollar on fresh buying interest, said a dealer.

At 9.01 am, the local unit stood at 4.1830/1860 against the greenback from yesterday’s close of 4.1925/1955.

Investors were, however, cautious awaiting the release of US consumer price data due later today.

Against a basket of other major currencies, the ringgit was traded mostly lower.

It rose against the Singapore dollar to 3.0760/0791 from 3.0793/0824 on Tuesday but declined against the Japanese yen to 3.6877/6910 from 3.6847/6884 yesterday.

The local unit fell against the euro to 4.9309/9349 from 4.9119/9171 and eased against the British pound to 5.4990/5046 from Tuesday’s 5.4901/4957. — Bernama

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