KUALA LUMPUR (Nov 29): The ringgit opened marginally higher against the US dollar on Monday (Nov 29) as the greenback retreated on concerns about the latest coronavirus variant and the possibility of travel control being imposed by several countries. At 9am, the local note opened higher at 4.2350/2395 against the greenback from 4.2370/2400 at last Friday’s close. Meanwhile, the local note was traded lower against a basket of major currencies at the opening. It eased versus the British pound to 5.6444/6504 from 5.6403/6443 at last Friday's close and depreciated compared to the Singapore dollar to 3.0910/0948 from 3.0893/0920. The ringgit fell against the Japanese yen to 3.7231/7274 from 3.7131/7160 last Friday and slipped vis-a-vis the euro to 4.7809/7860 from 4.7713/7747.

Source: The Edge Markets November 29, 2021 07:33 UTC