Highlights

RM opens at 4.11 against USD

 Publish date: Fri, 23 Apr 2021, 10:08 AM

KUALA LUMPUR: The ringgit opened slightly lower against the US dollar this morning amidst mixed indicators of a stronger greenback, lower United States' (US) Treasury yields and stabilising oil prices, a dealer said.
 
At 9 am, the local unit stood at 4.1130/1170 versus the greenback from Thursday's close of 4.1105/1145.
 
Axi chief global markets strategist Stephen Innes said the stronger dollar had negatively influenced the sentiment for the local currency, however, a further decline was offset by the lower Treasury yields and better oil prices.
 
"Additionally, the foreign exchange market seems to be moving past COVID-19 worries, as even Indian Rupee had rallied," he added.
 
 
At the opening bell, the ringgit was traded mostly higher against other major currencies.
 
It rose against the Singapore dollar to 3.0929/0967 from 3.0948/0980 on Thursday and strengthened against the euro to 4.9422/9486 from 4.9490/9555 yesterday.
 
The ringgit appreciated against the British pound to 5.6936/6996 from 5.7152/7212 but fell versus the yen to 3.8119/8166 from 3.8036/8076.
 
 - Bernama
Share this

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View Trading Signals and run Live Backtest
MQ Affiliate
Earn rewards with MQ Affiliate Program
 
 

431  538  571 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 FOCUS 0.09-0.01 
 MAYBULK 0.82+0.095 
 DATAPRP 1.96+0.01 
 TANCO 0.10+0.01 
 SUPERMX 4.87-0.70 
 CMSB 1.70-0.33 
 MINHO-WC 0.105+0.035 
 SAUDEE 0.22+0.025 
 SEDANIA 0.3050.00 
 LIONIND 0.935+0.01 

FEATURED POSTS

1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS