KUALA LUMPUR, Jan 21 – The ringgit rebounded to open slightly higher against the US dollar Thursday on renewed buying interest for emerging currencies, including the ringgit, dealers said. At 9.01 am, the local unit was traded higher at 4.3715/3785 from 4.3930/4000 against the US dollar on Wednesday.
The local currency also performed better against other major currencies. It appreciated against the Singapore dollar to 3.0429/0502 from 3.0486/0539 on Wednesday and increased against the yen to 3.7220/7296 from 3.7838/7915 yesterday. It rose versus the British pound to 6.2023/2144 from 6.2095/2203 yesterday and strengthened against the euro to 4.7523/7612 from 4.8152/8237 on Wednesday.
