The ringgit closed higher today versus the US dollar and other major currencies on steady commercial demand.
A currency trader said the local unit extended its upward trend in view of the uncertainty surrounding the US economy.
"The dollar is generally weaker against most major currencies due to the concerns over the US economy," the trader said.
The US' Institute for Supply Management data showed the country's
manufacturing index fall to a seven-month low in January.
At 5pm, the ringgit was quoted at 3.3185/3215 against US dollar against yesterday's close at 3.3270/3300.
The local unit was stronger against the Singapore dollar at 2.6136/6164 from 2.6203/6229 yesterday and rose against the yen to 3.2753/2789 from 3.2824/2860 Tuesday.
The ringgit was traded stronger against the British pound to 5.4141/4204 from 5.4203/4266 yesterday and strengthened against the euro to 4.4859/4907 from 4.4948/4995 Tuesday.-- Bernama
