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Ringgit extends gains to close sharply higher against greenback

Ringgit extends gains to close sharply higher against greenback

Kuala Lumpur – The ringgit extended its gains from last week to close sharply higher against the US dollar today, in line with the better performance of Asian currencies following the French presidential elections on Sunday, dealers said. At 6pm, the local note was quoted at 4.3690/3740 against the greenback compared with 4.3980/4000 on Monday. […]

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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 as the greenback eased against the major currencies on the back of optimism on the euro following the first round result of French election. At 9.13am, the local note stood at 4.3890/3920 against the greenback from 4.3980/3000 registered at 6pm on Friday. A […]

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Ringgit opens slightly higher against US dollar

Ringgit opens slightly higher against US dollar

Kuala Lumpur – The ringgit opened slightly higher against the US dollar today as investors’ interest shifted away from the greenback following US President Donald Trump’s remark that he preferred to see US interest rates stay low. At 9.10am, the local note stood at 4.3950/3980 against the greenback from 4.3960/3000 registered at 6pm yesterday. A […]

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Ringgit ends slightly higher against US dollar

Ringgit ends slightly higher against US dollar

Kuala Lumpur – The ringgit closed slightly higher against the US dollar today as the greenback continued to lose ground on mounting concerns over the lower-than-expected US Consumer Price Index data released for March, and President Donald Trump’s tax reform promises. At 6pm, the local unit was quoted at 4.3960/3000 against the greenback compared with […]

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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 weak demand following the release of the country’s Consumer Price Index (CPI), the highest in eight years. At 9.05am, the local note stood at 4.4015/4045 against the greenback from 4.3985/3015 registered at 6pm yesterday. The Department of Statistics yesterday announced that the […]

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Ringgit ends sharply higher against US dollar

Ringgit ends sharply higher against US dollar

Kuala Lumpur – The ringgit ended sharply higher against the US dollar today, as the greenback remained under pressure following doubts among investors over US President’s Donald Trump tax reform promises and his preference for a “low interest rate policy”. At 6pm, the local unit stood at 4.3985/3015 against the greenback compared with Tuesday’s close […]

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Ringgit opens marginally higher against US dollar

Ringgit opens marginally higher against US dollar

Kuala Lumpur – The ringgit opened marginally higher against the US dollar today as investors’ interest shifted away from the US dollar, pressured by lower US Treasury yields. At 9.08am, the local note stood at 4.4070/4100 against the greenback from 4.4090/4120 registered at 6pm yesterday. However, a dealer said the ringgit’s gains were capped by […]

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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 mild profit-taking following yesterday’s gains. At 9.03 am, the local note stood at 4.4070/4120 against the greenback from 4.4030/4060 registered at 6pmyesterday. A dealer said the overnight decline in global crude oil prices also dampened investors’ interest towards the local note, as this […]

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Ringgit closes higher against US dollar

Ringgit closes higher against US dollar

Kuala Lumpur – The Malaysian ringgit closed higher against the US dollar today as traders shifted their interests to Asian currencies, including the ringgit, prompted by geopolitical tensions. At 6pm, the local unit stood at 4.4030/4060 against the greenback compared with Friday’s 4.4050/4100. A dealer said the greenback continued to remain under pressure, on the […]

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Ringgit opens marginally higher against US dollar

Ringgit opens marginally higher against US dollar

Kuala Lumpur – The ringgit opened marginally higher against the US dollar today on better demand for the local note as weak US economic data dampened investor sentiment towards the greenback. At 9.07am, the local note stood at 4.4010/4050 against the greenback from 4.4050/4100 registered  at 6pm on Friday. A dealer said lower US retail […]

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