Tuesday 4 October 2016

RM at 4.12 against USD


KUALA LUMPUR: The ringgit opened higher against the US dollar today on recharged purchasing premiums for the neighborhood cash taking after a solid execution on the nearby value market.

At 9 am, the ringgit was cited at 4.1210/1270 against the greenback from 4.1320/1390 on Friday.

The business sector was shut on Monday for Awal Muharram occasion which fell on Sunday.

A merchant said the ringgit was solid regardless of the slide in worldwide oil costs taking after an expansion in Iranian fares and the ascent of the US dollar which was helped by a solid US financial information.

The neighborhood note was likewise exchanged higher against a bushel of significant monetary forms aside from the euro.

It ascended against the British pound to 5.2926/3015 from Friday's end of 5.3596/3704, enhanced against the yen to 4.0414/0481 from 4.0862/0944 a week ago and picked up against the Singapore dollar to 3.0149/0197 from 3.0269/0325 on Friday.


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