Tuesday 24 January 2017

Ringgit opens higher against US Dollar

 Forex Trading Recommendation


KUALA LUMPUR: The ringgit was higher against the US dollar today on simpler estimation on the greenback, said a merchant. 

The merchant said speculator estimation on the US dollar has hosed on the back of protectionism strategy proposed by President Donald Trump. 

At 9.07 am, the nearby unit was exchanged at 4.4330/4370 against the greenback's nearby at 4.4360/4400 yesterday. 


In any case, the ringgit was exchanged lower against a bushel of significant monetary standards. 

It devalued against the Singapore dollar to 3.1260/1310 from the 3.1224/1259 on Monday and declined against the yen to 3.9244/9283 from 3.9039/9078 already. 

The nearby note fell against the British pound to 5.5506/5569 from 5.5219/5287 and debilitated against the euro to 4.7659/7707 from 4.7572/7632.

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