FOREX: Ringgit Opens Lower Against US Dollar.
The ringgit opened lower against the dollar US U. Tuesday by the lack of demand for local currency, after the long weekend, traders said.
On 9, the ringgit was at 3.5295/5335 compared to Friday's closing 3.5200/5250.
"There is not much movement in the market, very quiet. This week is a week short of bargaining," said one trader.
Another dealer said the ringgit was expected to gain market sentiment has improved, supported by positive economic data and external factors.
The market closed yesterday's national day.
The local unit was lower against the Singapore dollar 2.4459/4511 from 2.4453/4512, the Japanese yen to 3.7923/7974 from 3.7439/7512 and 5.0542/0610 euro to / from 5.0537/0615.
However, he fought against the British pound at 5.7368/7448 from 5.7478/7570.
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