Ringgit opens higher against US$ ahead of outcome of British referendum

Multi Management & Future Solutions  

KUALA LUMPUR: The ringgit opened more grounded against the US dollar Friday in front of the result of Britain's submission on European Union enrollment, merchants said.

At 9 am, the neighborhood unit was cited at 4.0075/0160 to the US dollar from 4.0150/0220 Thursday.

A merchant said brokers were idealistic the world's fifth biggest economy would stay in the financial alliance and goad hankering on more hazardous resources including from rising economies.

Results from the surveying for the submission are required to be known between 10.30 am and 12 twelve Friday.

The ringgit likewise exchanged higher against other real coinage.

It acknowledged against the Singapore dollar to 2.9804/9886 from Wednesday's end of 3.0028/0096 and rose against the Japanese yen to 3.8098/8189 from 3.8406/8492.

The nearby unit was up against the British pound at 5.8161/8296 from 5.9342/9465 and reinforced against the euro to 4.5148/5256 from 4.5566/5666.

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