A man looking at the money exchange rates at a money changer outlet in a shopping mall. STAR
KUALA LUMPUR: The ringgit strengthened against the US dollar early Friday, riding on the optimism over a continuous improvement in oil prices, dealers said.
At 9.29am, the local unit was quoted at 4.0740/0790 against the US dollar from 4.0780/0850 at 5pm on Thursday.
The ringgit also traded mostly higher against other major currencies.
It eased against the Singapore dollar to 2.9638/9678 from Thursday's close of 2.9600/9659 but strengthened against the yen to 3.7057/7119 from 3.7093/7167 yesterday.
The local unit rose against the British pound to 5.9778/9872 from 5.9890/9021 previously but weakened against the euro to 4.5584/5644 from 4.5576/5670. - Bernama
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