The ringgit opened higher against the US dollar today, extending yesterday's gains as more investors shift their appetite to Asian currencies, including the local unit, dealers said.
At 9am, the ringgit appreciated against the greenback to 3.1935/1965 from 3.2040/2070 yesterday.
A dealer said the euro was dampened by the weak eurozone data while the Japanese yen slipped after the Finance Minister Taro Aso told a parliamentary committee that Japan must retain the currency intervention as a policy tool.
Against other major currencies, the ringgit was also traded higher.
The local note appreciated against the Singapore dollar to 2.5616/5644 from 2.5683/5712 yesterday and strengthened against the yen to 3.1868/1901 from 3.2255/2102 on Thursday.
Against the British pound, the ringgit emerged stronger to 5.1288/1349 from 5.1360/1424 yesterday and rose to 4.2962/3009 from 4.3107/3157 against the euro.
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