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Ringgit opens higher against US dollar

Ringgit opens higher against US dollar

Kuala Lumpur – The ringgit remained higher against the US dollar at today’s opening on continued buying demand for the local note, while benefiting from the fallout arising from the sudden dismissal of US Secretary of State, Rex Tillerson, a dealer said. At 9am, the local note was quoted at 3.8920/8970 from 3.8950/9010 yesterday. “US […]

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Ringgit opens lower against US dollar

Ringgit opens lower against US dollar

Kuala Lumpur – The ringgit opened lower against the US dollar today, on a strengthening of the greenback on the back of a full-out trade war prospect, triggered by US President Donald Trump, said a dealer. At 9am, the local note was quoted at 3.9110/9180 from yesterday’s 3.9070/9100. OANDA Head of Trading Asia-Pacific, Stephen Innes […]

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Ringgit opens higher against US dollar

Ringgit opens higher against US dollar

Kuala Lumpur – The ringgit opened higher against the US dollar today on positive regional sentiment and on the back of surprising news that North Korea is open to denuclearisation, said a dealer. At 9am, the local note was quoted at 3.8990/9030 versus the greenback from yesterday’s 3.9020/9050. OANDA Head of Trading Asia-Pacific, Stephen Innes […]

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Ringgit opens higher against US dollar

Ringgit opens higher against US dollar

Kuala Lumpur – The ringgit opened higher against the US dollar today on renewed buying interest in the local note, as news on proposed US tariffs on aluminium and steel continued to linger over the market, said a dealer. At 9am, the local note was quoted at 3.8990/9040 versus the greenback from yesterday’s 3.9050/9080. OANDA […]

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Ringgit rises on renewed concerns over US$

Ringgit rises on renewed concerns over US$

Kuala Lumpur – The ringgit rebounded from Thursday’ss losses to be higher against the US dollar early Friday, as investors reacted on renewed concerns over the greenback’s outlook, dealers said. At 9.15 am(0115 gmt), the local note was quoted at 3.9120/9150 versus the greenback from Thursday’s 3.9270/9300. A dealer said that the US dollar retreated […]

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Ringgit weakens against US dollar at opening

Ringgit weakens against US dollar at opening

Kuala Lumpur – The ringgit opened lower against the US dollar today, as more investors shifted towards safe haven currencies, due to an expectation that the US Federal Reserve would raise rates four times this year rather than three, dealers said. At 9.15am, the local note was quoted at 3.9255/9285 versus the greenback from Wednesday’s […]

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Ringgit opens lower against US dollar

Ringgit opens lower against US dollar

Kuala Lumpur – The ringgit extended losses to open lower against the US dollar today, as more investors shifted interest towards safe-haven currencies and after new US Federal Reserve Chair, Jerome Powel, hinted at further interest rate hikes this year, dealers said. At 9.15am, the local note was quoted at 3.9250/9280 versus the greenback from 3.9060/9100 yesterday. The ringgit, meanwhile, traded mostly lower against […]

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Ringgit extends gains to open higher against US dollar

Ringgit extends gains to open higher against US dollar

Kuala Lumpur – The ringgit extended gains from yesterday to open higher against the US dollar today, as more investors shifted towards emerging currencies, prompted by the recovery in crude oil prices, dealers said. At 9.02am, the local note was quoted at 3.8970/9000 against the greenback from 3.9010/9050 yesterday. The ringgit also traded higher against […]

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Ringgit rebounds to open marginally higher against US dollar

Ringgit rebounds to open marginally higher against US dollar

Kuala Lumpur – The ringgit slightly rebounded to open marginally higher against the US dollar today, on renewed interest on the emerging currencies, said dealers. At 9.30am, the local note was quoted at 3.9100/9150 versus the greenback from 3.9170/9200 on Friday. A dealer said that investors were awaiting news from the Federal Reserve Governor Jerome […]

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Ringgit rebounds in opening against US dollar

Ringgit rebounds in opening against US dollar

Kuala Lumpur – The ringgit rebounded to open higher against the US dollar today on a technical correction after three consecutive days of losses. At 9am, the ringgit stood at 3.9020/9060 against the greenback from yesterday’s close of 3.9150/9190. OANDA Corp Head of Trading for Asia Pacific Stephen Innes said the ringgit was supported by […]

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