The ringgit was higher against the dollar – Currency Pair

Currency Pair

KUALA LUMPUR: The ringgit was higher against the dollar, riding high on the back of Malaysia’s’ vigorous first-quarter 2017 (1Q2017) Gross Domestic Product (GDP) development information. –  Currency Pair

Merchants noted expanded purchasing enthusiasm for the ringgit which saw the neighborhood note acknowledge to 4.2950/2980 at 9.04am(0104gmt) against the greenback from 4.3030/3060 at 6 pm on Monday.

The Malaysian economy recorded a 5.6 for each penny development in 1Q17 against the 4.1 for every penny recorded in a similar quarter of 2016, making it the quickest development in two years. – Currency Pair

Against the other real monetary forms, the ringgit was exchanged blended.

It ascended against the Singapore dollar to 3.0975/1001 from 3.1013/1054 on Monday and expanded against the British pound to 5.5749/5792 from 5.5917/5974. – Currency Pair

The ringgit, in any case, devalued against the Japanese yen to 3.8641/8686 from 3.8627/8671 and debilitated opposite the euro to 4.8276/8327 from 4.8189/8240 Monday. – Bernama

The accompanying table shows rates for Asian monetary standards against the dollar at 0138 GMT 0930 Malaysian time) on Tuesday May 23.

 CURRENCIES VS U.S. DOLLAR

Currency

Latest bid Previous day Pct Move

Japan yen

111.010 111.27

+0.23

Sing dlr

1.385 1.3858

+0.03

Baht

34.340 34.4

+0.17

Peso 49.770 49.77

+0.00

Ringgit

4.294 4.303

+0.21

Yuan 6.888 6.8892

+0.02

                            Change so far                            

Currency Latest bid End 2016

Pct Move

Japan yen

111.010 117.07        

+5.46

Sing dlr

1.385  1.4490        

+4.59 

Baht

34.340  35.80        

+4.25

Peso

49.770 49.72

-0.10

Ringgit

4.294 4.4845        

+4.44

Yuan

6.888 6.9467        

+0.85

Leave a Reply

Your email address will not be published. Required fields are marked *