KUALA LUMPUR: The ringgit opened easier against the US dollar in early trading today on lack of demand.

At 9.22 am, the local currency opened softer against the greenback at 4.2410/2500 compared with 4.2030/2110 at the close on Friday.

“Players opted to lock in profits following the ringgit’s recent surge,” a trader said.

The ringgit was traded mixed against other major currencies. It strengthened against the Singapore dollar to 3.0179/0264 from Fridays’s 3.0211/0273 and appreciated against the euro to 4.7966/8072 from 4.8112/8208.

The local note eased against the British pound to 6.5901/6066 from Friday’s 6.5697/5831 and reduced against the yen to 3.5389/5479 from 3.5242/5315 previously. –BERNAMA