KUALA LUMPUR, Dec 15 (Bernama) -- The ringgit was higher against the U.S. dollar in the early trading today with support from commercial buying, dealers said.
At 9.06 am, the local currency strengthened against the greenback at 3.5650/5700 from 3.5800/5850 at the close last Friday.
According to a dealer, the ringgit is expected to trade within the range of 3.53 to 3.60 against the U.S. dollar this week.
He said there could be an upside for the ringgit towards the end of the year as more companies exchange foreign currency for the local unit to balance their year-end accounts.
Compared to other major currencies, the ringgit traded almost lower in the early trading.
Against the Singapore dollar, it was lower at 2.4049/4105 from 2.3963/4015 at the close last Friday, but it was higher against the Japanese yen at 3.9120/9179 from 3.9619/9697 previously.
The local unit weakened against the British pound at 5.3475/3564 from 5.3188/3284 and it was lower against the euro at 4.7956/8038 from 4.7539/7620.
-- BERNAMA
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