Wednesday 19 April 2017

Ringgit opens higher against US dollar


KUALA LUMPUR: The ringgit opened insignificantly higher against the US dollar today as financial specialists" premium moved far from the US dollar, influenced by lower US Treasury yields. 

At 9.08 am, the neighborhood note remained at 4.4070/4100 against the greenback from 4.4090/4120 enrolled at 6pm yesterday. 

Nonetheless, a merchant said the ringgit"s increases were topped by lower worldwide oil costs, as this would have a negative effect towards the country"s oil and gas income. 

Worldwide benchmark Brent unrefined prospects fell 11 pennies to close at US$55.25 a barrel, overnight. In the interim, the ringgit was exchanged lower against significant monetary standards. 

The nearby note fell against the Singapore dollar to 3.1569/1602 from 3.1497/1530 yesterday and was lower against the yen at 4.0576/0623 from 4.0539/0581. 

It debilitated against the euro to 4.7274/7315 from 4.6978/6028 and devalued against the British pound to 5.6586/6651 from 5.5355/5410, yesterday.

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