KUALA LUMPUR, April 8 (Bernama) -- The ringgit opened higher against the US dollar in early trading this morning, as the domestic currency reacted positively to the European Central Bank's decision to raise interest rates by 25 basis points, dealers said.
At 9.40am, the ringgit was quoted at 3.0255/0285 from 3.0265/0285 yesterday.
Meanwhile, the ringgit was traded mixed against other major currencies.
The local unit emerged stronger against the Singapore dollar at 2.3993/4036 from 2.4016/4046 yesterday and appreciated against the yen to 3.5452/5492 from 3.5489/5525 Thursday.
However, it was traded lower against the euro to 4.3407/3456 from 4.3252/3301 yesterday and weakened against the British pound to 4.9452/9510 from yesterday's 4.9441/9483 close.
At 9.40am, the ringgit was quoted at 3.0255/0285 from 3.0265/0285 yesterday.
Meanwhile, the ringgit was traded mixed against other major currencies.
The local unit emerged stronger against the Singapore dollar at 2.3993/4036 from 2.4016/4046 yesterday and appreciated against the yen to 3.5452/5492 from 3.5489/5525 Thursday.
However, it was traded lower against the euro to 4.3407/3456 from 4.3252/3301 yesterday and weakened against the British pound to 4.9452/9510 from yesterday's 4.9441/9483 close.
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