KUALA LUMPUR: The ringgit opened higher against the US dollar today on improved demand for the local currency, said a dealer. At 9.17 am, the local unit was quoted at 4.1500/1600 to the greenback from last Friday’s 4.1950/1050.

The ringgit was also traded higher against a basket of major currencies. It rose against the Singapore dollar to 2.9437/9514 from 2.9877/9969 last Friday and was higher versus the yen at 3.4272/4366 from 3.4721/4812 last week.

It appreciated against the pound sterling at 6.3810/3968 from 6.4561/4732 on Friday and strengthened against the euro to 4.6625/6754 from 4.7349/7470 previously.–BERNAMA