KUALA LUMPUR, Nov 10 (Bernama) -- The ringgit opened higher against the U.S. dollar today as the greenback came under pressure owing to weak U.S. employment data, dealers said.
At 9.00 am, the ringgit was traded higher at 3.5300/5340 against the greenback compared with last Friday's closing of 3.5500/5540.
The greenback was softer against major currencies after the employment report showed that the American economy lost 240,000 jobs last month, exceeded forecasts of 200,000 jobs.
"The weak employment data had hurt the dollar but supported the ringgit this morning," a dealer said.
The local unit was mostly mixed against other major currencies.
It weakened against the Singapore dollar at 2.3835/3886 from 2.3759/3806 last Friday but was higher against the yen at 3.5578/5632 from 3.6455/6507 previously.
The ringgit was down against the British pound at 5.5947 from 5.5856/5936 on last Friday but higher against the euro at 4.5442/5517 from 4.5515/5576 previously.
-- BERNAMA
source
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