Tuesday 14 February 2017

Ringgit unchanged against US$ early Tuesday

 Forex Signal Services

KUALA LUMPUR: The ringgit opened unaltered against the US dollar on Tuesday on absence of market slant in front of the US Federal Reserve's (Fed) declaration of its financing cost. 

At 9 am(0100gmt), the neighborhood unit was exchanged at 4.4470/4520 against the US dollar from Monday's end of 4.4470/4500. 

A merchant said brokers remained on the sidelines pending the declaration from the Fed's Chair Janet Yellen. 

"She is required to give a few insights on the loaning rate, regardless of whether it is going up or down and this will probably influence our nearby note," the merchant said. 

gainst a bushel of real monetary forms, the ringgit was exchanged for the most part lower, aside from with euro, which it rose to 4.7134/7191 from 4.7298/7339 Monday. 

The ringgit fell against the Singapore dollar to 3.1279/1319 from 3.1273/1305 Monday and opposite the yen it declined to 3.9146/9207 from 3.9057/9111 on Monday. 

It facilitated against the British pound to 5.5676/5770 from 5.5628/5674 Monday.

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