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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, in the early trading session today, prompted by firmer crude oil prices. At 9 am, the local unit was quoted at 4.2820/2870 to the US dollar from 4.2855/2885 on Monday. A dealer said falling US commercial crude inventories coupled with the continued tightening of […]

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Ringgit opens flat against US dollar

Ringgit opens flat against US dollar

Kuala Lumpur – The ringgit opened flat against the US dollar in early trading session amid stronger crude oil prices, coupled with the better-than-expected second quarter gross domestic product (GDP) data. At 9 am, the ringgit remained unchanged from Friday’s 4.2880/2910. A dealer said investors remained on the sidelines ahead of the two-day US Federal […]

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Ringgit ends higher against US dollar

Ringgit ends higher against US dollar

The ringgit ended higher against the US dollar today on better-than-expected Malaysia’s gross domestic product (GDP) in the second quarter of 2017 (2Q17), which sparked positive sentiment in the market. At 6pm, the local unit was quoted at 4.2880/2910 against the greenback from yesterday’s 4.2940/2970. In a statement today, FXTM Vice President of Corporate Development […]

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Ringgit opens marginally lower against US dollar

Ringgit opens marginally lower against US dollar

Kuala Lumpur – The ringgit retreated from yesterday’s gains to open marginally lower versus the US dollar today on lack of interest for the local currency, a dealer said. At 9.05am, the local unit was quoted at 4.2950/2980 against the greenback from yesterday’s 4.2940/2970. However, losses were capped by increased uncertainty over another US interest […]

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Ringgit rebounds to open higher against US dollar

Ringgit rebounds to open higher against US dollar

Kuala Lumpur – The ringgit rebounded after two days of losses to open higher against the US dollar this morning, in tandem with most emerging currencies, on renewed demand as the outlook for the greenback remained bearish, a dealer said. At 9.05am, the local unit was quoted at 4.2900/2930 against the greenback from yesterday’s 4.2970/2000. […]

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Ringgit opens lower on dollar interest

Ringgit opens lower on dollar interest

Kuala Lumpur – The ringgit extended yesterday’s losses to open marginally lower against the US dollar today, in line with most emerging countries’ currencies as more investors shifted interests towards the greenback, a dealer said. At 9.15am, it was quoted at 4.2945/2975 against the greenback from yesterday’s close of 4.2940/2980. The dealer said the greenback rose against major currencies […]

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Ringgit ends slightly lower against US dollar

Ringgit ends slightly lower against US dollar

Kuala Lumpur – The ringgit closed slightly lower against the US dollar today in line with the decline in crude oil prices, a dealer said. At 6pm, it was quoted at 4.2940/2980 against the greenback from yesterday’s 4.2920/2950. The international benchmark Brent crude oil fell 0.37 per cent to US$50.54 per barrel while the West Texas […]

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Ringgit opens easier against US dollar

Ringgit opens easier against US dollar

Kuala Lumpur – The ringgit opened easier against the US dollar this morning on subdued demand for the local note amid the stronger greenback as worries over North Korea faded, dealers said. At 9.30 am, the ringgit stood at 4.2930/2960 against the greenback compared with Monday’s close of 4.2920/2950. However, the ringgit performed better against […]

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Ringgit ends slightly higher against US dollar

Ringgit ends slightly higher against US dollar

The ringgit closed slightly higher against the US dollar today on continued buying interest in the local note, dealers said. At 6pm, it was quoted at 4.2920/2950 against the greenback from 4.2935/2965 last Friday. A dealer said the ringgit was supported by buying ahead of Malaysia’s economic growth data due this week and which is […]

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Ringgit rebounds to open higher against US dollar

Ringgit rebounds to open higher against US dollar

The ringgit rebounded from Friday’s losses to kick off the week higher against the US dollar today, benefiting from lower-than-expected US’ inflation data released last week, a dealer said. At 9.05am, the ringgit stood at 4.2890/2920 against the greenback compared with Friday’s close of 4.2935/2965. The dealer said the greenback retreated from last week’s gains […]

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