Wednesday 3 May 2017

Ringgit extends yesterday's gains to open higher against US dollar

KUALA LUMPUR: The ringgit extended yesterday's increases to open higher against the US dollar as more financial specialists moved their enthusiasm towards rising monetary standards, including the ringgit, merchants said. 

At 9.01 am, the nearby note was cited at 4.3100/3140 against the greenback from 4.3260/3300 enlisted at 6pm on Tuesday. 

Most financial specialists stayed on the sidelines, anticipating clues from the US Federal Reserve's strategy explanation on the standpoint for US loan fees. 

The US Federal Reserve was relied upon to hold loan fees relentless at its meeting this week as it stopped to break down more monetary information. 


The ringgit was exchanged higher against most real monetary forms. 

It ascended against the Singapore dollar to 3.0925/0971 from 3.1015/1055 and was higher against the Japanese yen at 3.8455/8508 from 3.8539/8585 yesterday. 

The ringgit enhanced against the British pound to 5.5789/5866 from 5.5827/5896 and progressed against the euro to 4.7113/7169 from 4.7227/7279 on Tuesday.

Traders could check daily updates about currency market 

No comments:

Post a Comment