Highlights

Ringgit opens easier against US dollar

 Publish date: Thu, 18 May 2017, 10:29 AM

KUALA LUMPUR: The ringgit opened easier against the US dollar this morning as investors continued to book profits after the recent gains amid the weakening sentiment for the greenback, dealers said.

At 9 am, the local note was quoted at 4.3250/3300 against the US dollar from 4.3210/3250 as at 6 pm Wednesday.

A dealer said the US dollar was heavily under pressure on mounting investors" concern over the stability of President Donald Trump's administration.

Meanwhile, the ringgit was traded broadly lower against a basket of other major currencies. It fell against the Singapore dollar to 3.1095/1135 from 3.0977/1026 on Wednesday and weakened versus the Japanese yen to 3.9020/9076 from yesterday's 3.8450/8489.

The local unit depreciated against the British pound to 5.6117/6186 from 5.5927/5996 and contracted vis-a-vis the euro to 4.8315/8375 from 4.7941/7990 yesterday. -- Bernama

Share this

  Be the first to like this.
 


 

260  352  525  654 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 AAX 0.455-0.08 
 LUSTER 0.145-0.005 
 BORNOIL 0.125+0.005 
 FRONTKN 0.265-0.015 
 KGROUP 0.0450.00 
 NETX 0.070.00 
 NETX-WB 0.0350.00 
 AAX-WA 0.24-0.045 
 ASIABIO 0.0650.00 
 AIRASIA 3.09-0.16 
Partners & Brokers