Ringgit opens at 3.85 against US dollar

Publish date: Wed, 13 Apr 2016, 03:21 AM

KUALA LUMPUR: The ringgit opened higher against the US dollar this morning on continued positive external conditions that improved the demand for the note, dealers said.

The ringgit was at 3.8540/8600 against the greenback from Tuesday's 3.8770/8850.

A dealer said the increase in crude oil prices to above US$44 per barrel also assisted the ringgit, which traded higher against a basket of other currencies.

The local note rose against the British pound to 5.4985/5086 from 5.5170/5263 and appreciated against the euro to 4.3847/3923 from 5.5410/5540.

It also advanced against the Singapore dollar to 2.8652/8703 from 2.8819/8889 yesterday and improved against the Japanese yen to 3.5439/5498 from 3.5799/5889. -- Bernama

Discussions
Be the first to like this. Showing 2 of 2 comments

MillionInMaking

Gogogo

2016-04-13 11:39

zaqwerty

Currency traders' toy. they decide when to play and when to throw the toy away.

2016-04-14 10:21

Post a Comment