Malaysian Ringgit Opens Marginally Lower Against US Dollar

KUALA LUMPUR, June 9 (Bernama) -- The Malaysian ringgit extended Thursday's losses to open marginally lower against US dollar Friday on lack of demand for the local currency, a dealer said. At 9.10 am, the local unit was quoted at 4.2690/2720 against the greenback from Thursday’s close of 4.2670/2700. Against a basket of major currencies, the ringgit traded mixed. It weakened against the Singapore dollar to 3.0863/0896 from 3.0853/0886 yesterday and depreciated versus the yen to 3.8788/8822 from 3.8745/8776 on Thursday. The local unit appreciated to 5.4366/4417 from 5.5219/5262 versus the British pound and rose against the euro to 4.7727/7774 from 4.7923/7973 yesterday. -- BERNAMA