Ringgit continues uptrend against US$ early Tuesday – Forex Signals Provider

Forex Signals Provider

KUALA LUMPUR: The ringgit opened higher against the US dollar again Tuesday morning as the greenback stayed under weight after a hawkish position by the Federal Reserve on loan fee increments. – Forex Signals Provider

At 9 am(0100gmt, Forex Signals Provider)

the nearby note was exchanged at 4.4230/4270 against the greenback from Monday’s end of 4.4250/4280.

Chicago Federal Reserve President, Charles Evans, strengthened the observation and said that the US national bank won’t quicken the pace of its financing cost, which has hosed the dollar and brought about speculators moving to other rising monetary standards, including the ringgit.

A merchant said the ringgit’s execution was in accordance with other Asian monetary standards which ascended on the back of the greenback’s shortcoming.

The ringgit, then, was exchanged lower against other real monetary standards.

It facilitated against the Singapore dollar to 3.1663/1703 from 3.1639/1672 on Monday.

The neighborhood note rose againt the British pound to 5.4735/4811 from 5.4919/4965 Monday.

It fell against the euro to 4.7605/7652 from Monday’s end of 4.7591/7628, and it was lower against the yen at 3.9358/9407 from 3.9215/9259 on Monday.

EXCHANGE RATES ISSUED BY MALAYAN BANKING BHD: 

SELLING        BUYING        BUYING

TT/OD            TT                 OD 

1 US Dollar 4.4885 4.3615 4.3515

1 Australian Dollar 3.4810 3.3640 3.3480

1 Euro 4.8340 4.6810 4.6610

1 Singapore Dollar 3.2225 3.1140 3.1060

100 UAE Dirham 123.9800 117.0000 116.8000

100 Chinese Renminbi N/A N/A 0.0000

100 Hongkong Dollar 58.6400 55.3400 55.1400

100 Japanese Yen 4.0100 3.8670 3.8570

100 Qatar Riyal 124.5600 118.4900 118.2900

100 Saudi Riyal 121.0600 114.9300 114.7300

100 South Africa Rand 36.5500 33.5900 33.3900

CURRENCIES        VS         U.S. DOLLAR

Currency

Latest bid Previous day

Pct Move

Japan yen 112.580 112.55

-0.03

Sing dlr 1.398 1.3965

-0.09

Baht

34.710 34.71

+0.00

Rupiah

13307.000 13312

+0.04

Rupee

65.360 65.36

+0.00

Ringgit

4.422 4.425

+0.07

Yuan 6.906 6.9090

+0.04

 

Change so far

 Currency

Latest bid End 2016

Pct Move

Japan yen

112.580 117.07

+3.99

Sing dlr

1.398 1.4490 +3.67

Baht

34.710 35.80

+3.14

Peso

50.140

49.72

-0.84

Rupiah

13307.000 13470

+1.22

Ringgit 4.422 4.4845

+1.41

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