Tuesday 18 October 2016

The ringgit opened higher against the US dollar today.

 Forex Investment Tips

KUALA LUMPUR : The ringgit opened higher against the US dollar today on the back of enhanced feeling and a specialized redress in the greenback, a coin merchant said. 

At 9.30 am, the ringgit was cited at 4.2070/2120 opposite the greenback against Monday's 6 pm close of 4.2150/2200. 

He said the dollar was marginally lower subsequent to hitting a seven-month high yesterday and purchasing support for the neighborhood note could be because of oil costs being exchanged extensively unfaltering in Asia time. 

The ringgit, be that as it may, opened generally bring down against other significant monetary forms. 

It deteriorated against the Singapore dollar to 3.0323/0379 from Monday's 3.0315/0371 and fell against the yen to 4.0495/0555 from 4.0478/0530. 

The ringgit likewise facilitated against the British pound to 5.1473/1555 from 5.1297/1362 and debilitated against the euro to 4.6344/6404 from 4.6314/6386.


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