Monday 13 February 2017

Ringgit opens at 4.44 against USD

Forex Trading Malaysia

KUALA LUMPUR: The ringgit opened marginally bring down against the US dollar on low request taking after the further reinforcing of the greenback, merchants said. 

At 9 am, the nearby unit was exchanged at 4.4450/4500 against the US dollar from Friday's end of 4.4420/4470. 

A merchant said the US dollar was higher after a smooth result of the US-Japan summit held throughout the end of the week. 


The two-day meeting talked about issues including exchange, money and security matters between both nations. 

"Taking after the meeting, the US dollar rose 15 for each penny against other real monetary forms on request by brokers, consequently a debilitating ringgit," the merchant said. 

Be that as it may, versus different monetary forms, the neighborhood note was exchanged higher. It ascended against the Singapore dollar to 3.1206/1259 from 3.1235/1277 and opposite the yen it expanded to 3.9022/9069 from 3.9081/9129 last Friday. 


The ringgit acknowledged versus the British pound to 5.5487/5576 from 5.5516/5588 and enhanced to 4.7215/7272 from 4.7263/7334 against the euro already.

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