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IBT:Ringgit closes firmer against US dollar
 
KUALA LUMPUR: The ringgit extended yesterday's upward momentum to close firmer against the US dollar today on the back of improved market sentiment, dealers said.

The ringgit was quoted at 3.2830/2865 for a US dollar against yesterday's close at 3.3120/3150.

A dealer said emerging currencies including the ringgit recovered as easing geopolitical tension in Syria coupled with improving US economic data faded away worries among investors.

Meanwhile, the ringgit was traded higher against all other major currencies.

The local unit appreciated against the Singapore dollar to 2.5787/5813 from 2.5904/5931 yesterday and rose against the Japanese yen to 3.3473/3512 from 3.3770/3799 on Thursday.

Against the British pound, the local currency strengthened to 5.0854/0918 from 5.1399/1451 yesterday and advanced against the euro to 4.3477/3533 from 4.3954/3990 previously. -- BERNAMA


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