Wednesday 18 January 2017

Ringgit opens higher against US dollar

 Forex Signals Provider In Malaysia


KUALA LUMPUR: The ringgit proceeded with its upward energy from yesterday's near open higher against the US dollar on Wednesday as more speculators moved premium towards developing monetary standards, merchants said. 

At 9.01 am, the neighborhood unit was exchanged at 4.4410/4480 against the greenback from yesterday's 4.4600/4650. 

A merchant said the greenback was hit by British Prime Minister Theresa May's discourse on Brexit, which set off the British pound's biggest one-day rate pick up in nine years. 

The ringgit, then, exchanged higher against a wicker bin of real monetary forms. 

It acknowledged against the Singapore dollar to 3.1319/1370 from 3.1428/1470 on Tuesday, however fell against the British pound to 5.5002/5102 from 5.4265/4344. 

The ringgit progressed versus the euro to 4.7568/7647 from 4.7624/7682 and fortified against the yen at 3.9423/9489 from 3.9452/9506. - BERNAMA

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