KUALA LUMPUR: The ringgit opened higher against the US dollar Thursday in the midst of proceeded with concerns and vulnerability in the United States Presidential decision, one week from now.
At 9.08 am(0108gmt), the ringgit was cited at 4.1785/1835 against the greenback from 4.1860/1900 on Wednesday.
A merchant said the pick up, was however topped, by lower oil costs on the back of an expansion in rough inventories in the United States.
It was accounted for that West Texas Crude dropped three for every penny overnight while Brent Crude fell US$1.06 to US$47.08 a barrel.
The ringgit fell against the Singapore dollar to 3.0181/0239 from 3.0154/0198 on Wednesday and debilitated versus the yen to 4.0462/0514 from 4.0429/0479. It deteriorated against the British pound to 5.1492/1562 from 5.1341/1403 and declined against the euro to 4.6411/6470 from 4.6389/6446.
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