Thursday 27 October 2016

The ringgit opened lower against the US dollar.

 Currency Tips

KUALA LUMPUR : The ringgit opened lower against the US dollar Thursday as the greenback solidified on an expansion in estimation over a conceivable loan costs climb by the Federal Reserve (Fed), a merchant said.

At 9.05 am(01.05gmt) the nearby unit was cited at 4.1740/1800 against the US dollar from Wednesday's end of 4.1590/1650 .

A merchant said the nearby coin was likewise hosed by negative slant brought on by weaker oil costs taking after instability over the capacity of oil delivering nations to cut creation .

The ringgit additionally exchanged lower against other real monetary standards in early exchange today, aside from the Japanese yen.


It fell against the Singapore dollar to 2.9988/0035 from 2.9936/9983 on Wednesday, slipped against the British pound at 5.1015/1105 from 5.0777/0867 and declined against the euro to 4.5505/5575 from 4.5429/5507. The ringgit was higher against the yen at 3.9916/9992 from 3.9929/9990.

No comments:

Post a Comment