Tuesday 8 November 2016

The ringgit opened lower against the US dollar today

 Forex Trading Strategy

KUALA LUMPUR: The ringgit opened lower against the US dollar today in the midst of proceeded with concerns and instability over the US presidential decision later today.

At 9.29 am, the ringgit was cited at 4.2100/2150 against the greenback from 4.2070/2120 on Monday.

A merchant said be that as it may, the vulnerability was somewhat invalidated by the cheery unrefined Brent oil costs which remained at US$46.30 per barrel at the opening.

It was additionally reported that US Democratic presidential competitor Hillary Clinton won't confront criminal accusations identified with an email test, giving her influence against Republican adversary Donald Trump.

The ringgit was exchanged blended against a bushel of real coinage.

The ringgit ascended against the Singapore dollar to 3.0244/0291 from 3.0260/0307 on Monday and debilitated versus the yen to 4.0291/0350 from 4.0243/0302.

It devalued against the British pound to 5.2166/2241 from 5.2146/2212, however fortified against the euro to 4.6457/6521 from 4.6525/6593.


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