Wednesday 1 February 2017

The ringgit was higher against the US dollar in early Tuesday

 Forex Currency Trading Tips

KUALA LUMPUR: The ringgit was higher against the US dollar in early Tuesday taking after weaker purchasing assumption for the greenback, said a merchant. 

At 9.25am, the ringgit was exchanged at 4.4250/4300 against the US dollar, higher than the 4.4300/4330 recorded last Friday. 

The merchant said the US dollar was influenced by late proceeds onward migration by President Donald Trump. 

The market was shut on Monday for the Chinese New Year occasion. 

picture: http://bcp.crwdcntrl.net/5/c=5593/b=37490439 

In the interim, the ringgit exchanged blended against a crate of real monetary standards. 

It enhanced against the British pound to 5.5343/5410 from 5.5588/5643 and was higher against the euro at 4.7321/7397 from 4.7370/7411. 

The nearby unit devalued against the Singapore dollar to 3.1142/1182 from 3.1046/1078 and fell against the yen to 3.8884/8935 from 3.8522/8565.

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