Thursday 19 January 2017

Ringgit opens slightly lower against US dollar

 Forex Signals Provider

KUALA LUMPUR: The ringgit withdrew from yesterday's increases to open somewhat bring down against the US dollar today on restored worries over a conceivable US financing cost rise, merchant said. 

At 9.10 am, the nearby unit exchanged at 4.4480/4530 to the greenback from 4.4430/4460. 

A merchant said the US dollar recovered some lost ground after Federal Reserve Chair Janet Yellen recommended the national bank was prepared to raise overnight loan costs rapidly in the coming year. 

The ringgit, be that as it may, exchanged higher against a wicker container of real monetary forms. 

It acknowledged against the Singapore dollar to 3.1111/1149 from 3.1267/1301 on Wednesday and reinforced against the British pound to 5.4515/4580 from 5.4724/4784. 

The ringgit rose versus the euro to 4.7256/7326 from 4.7513/7563 and enhanced against the yen at 3.8749/8806 from 3.9228/9265.

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