June 7: Ringgit unchanged against US dollar

 Publish date: Thu, 7 Jun 2018, 10:32 AM

KUALA LUMPUR: The ringgit opened flat against the US dollar this morning as market players await news on the replacement for Bank Negara Malaysia Governor Tan Sri Muhammad Ibrahim, who resigned yesterday.

At 9.27am, the local unit was quoted at 3.9720/9750 against the greenback, unchanged from yesterday's close.

Meanwhile, the ringgit traded lower against a basket of other major currencies.

It declined against the Singapore dollar to 2.9831/9860 from 2.9789/9813 recorded yesterday, and fell against the yen to 3.6080/6113 from 3.6047/6087.

The local note slid against the British pound to 5.3364/3420 from 5.3332/3380, and depreciated against the euro to 4.6854/6901 from 4.6746/6794. - Bernama

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