KUALA LUMPUR, Sept 7 -- The ringgit was stronger against the U.S. dollar in early trading on Monday on commercial buying interest amid steady share prices on Bursa Malaysia, dealers said.
At 9.15am, the ringgit was at 3.5170/5200 compared to Friday's closing of 3.5230/5280.
The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) rose 3.22 points to 1,181.96 at 9.20am, after opened unchanged at 1,178.74.
A dealer said most major currencies gained on better-than expected U.S jobs data released at the end of last week, boosting optimism that the economy was recovering from the global.
The ringgit was likely to move between 3.5100 and 3.5410 today but gains would be limited as investors still consider the greenback as a safe-haven currency, he said.
Against other major currencies, the ringgit opened mostly lower.
It dipped against the Singapore dollar at 2.4490/2528 from 2.2447/4499 at Friday's closing but rose to 2.7809/7862 against the Japanese yen from 2.7959/7017 previously.
Against the pound sterling, the ringgit depreciated at 5.7658/7721 from 5.7608/7707 Friday and weakened against the euro at 5.0370/0424 from 5.0308/0383 previously.
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