Aug 27: Ringgit rebounds to 4.09 against US dollar

KUALA LUMPUR: The ringgit ended higher against the US dollar today in line with the strong performance of the local equity market.

At 6pm, the local unit rose to 4.0980/1020 against the greenback from 4.1070/1100 on Friday.

Meanwhile, the ringgit was mostly lower against a basket of other major currencies.

It depreciated against the Singapore dollar to 2.9998/0038 from 2.9950/9980 on Friday, and weakened against the euro to 4.7606/7657 from 4.7502/7553 previously.

The local note fell against the yen to 3.6876/6922 from 3.6851/6887, but improved against the British pound to 5.2622/2694 from 5.2668/2723, previously.