Tuesday 17 January 2017

Ringgit opens lower against US dollar

 Forex Trading Recommendation

KUALA LUMPUR: The ringgit stretched out misfortunes from Monday to open lower against the US dollar today on developing worries over expected remarks from US Federal Reserve authorities in the not so distant future, merchants said. 

At 9.03 am, the nearby unit was exchanged at 4.4650/4680 against the greenback from 4.4640/4680 on Monday. 

The ringgit, in the interim, exchanged for the most part higher against a wicker container of significant monetary forms, aside from the Japanese yen. 

It debilitated against the Singapore dollar to 3.1237/1260 from 3.1208/1245 yesterday, yet enhanced against the British pound to 5.3803/3848 from 5.3845/3911. 

It devalued against the euro at 4.7356/7397 from 4.7269/7321 and slipped against the yen to 3.9139/9176 from 3.9069/9107. 

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