Thursday 29 December 2016

Ringgit opens higher at 4.17 against USD

 Forex Signal Services


KUALA LUMPUR: The ringgit opened higher against the US dollar today as the United States yields achieved a two-week low on overnight decay in the midst of better interest for the nearby note, said merchants. 

At 9.08 am, the ringgit was cited at 4.1785/1835 against the greenback from 4.1860/1900 on Wednesday. 

A merchant said the weaker-than-expected pending home deals information and an empowering obligation sell off brought on Treasury respects fall apart.

In the mean time on the nearby front, there was recharged idealism as forex merchants would need to end the year on a higher note, he said. The ringgit was exchanged generally higher against a wicker container of real monetary standards. 

The ringgit fell against the Singapore dollar to 3.0877/0916 from 3.0867/0901 on Wednesday and debilitated versus the yen to 3.8302/8351 from 3.8069/8113. 

It acknowledged against the British pound to 5.4760/4844 from 5.4862/4929 and ascended against the euro to 4.6698/6773 from 4.6758/6808

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