Thursday 15 December 2016

The ringgit weakened against the US dollar, in early trade Thursday

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KUALA LUMPUR: The ringgit debilitated against the US dollar, in early exchange Thursday, weighed by poor feeling in the market, a merchant said.

At 9 am(0100gmt), the ringgit was exchanged at 4.4600/4650 versus the US dollar from 4.4440/4480 on Wednesday.

A merchant said the US Federal Reserve (Fed) raised financing costs by 25 premise focuses, moving regard for the US and the greenback which acknowledged against a wicker container of monetary standards.

"Gold hit its least level in over 10 months," he included.

Against the Singapore dollar, the ringgit rose to 3.0931/0981 from 3.1190/1223 and versus the yen, it progressed to 3.7883/7929 from 3.8580/8618 on Wednesday.

Versus the British pound, the neighborhood cash acknowledged to 5.5844/5924 from 5.6239/6307 and ascended against the euro to 4.6763/6838 from 4.7218/7269 yesterday.

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