KUALA LUMPUR: The ringgit opened insignificantly higher against the US dollar Monday morning as the greenback broadened its shortcoming on the likelihood of the US Federal Reserve raising loan fee on a progressive premise.
This move brought about more financial specialists moving their enthusiasm to rising monetary standards, including the ringgit
At 9 am(0100gmt), the ringgit was exchanged at 4.4330/4360 against the greenback from Firday’s end of 4.4340/4370.
The ringgit, in the mean time, exchanged blended against other significant monetary forms.
It facilitated against the Singapore dollar to 3.1669/1708 from 3.1638/1682 on Friday and versus the British pound, it rose to 5.4898/4944 from 5.4933/4983, beforehand.
The neighborhood note edged up against the euro to 4.7664/7700 from Friday’s end of 4.7767/7818, yet it was lower against the yen at 3.9373/9403 from 3.9156/9196 on Friday.
The following table shows rates for Asian currencies against the dollar at 0140 GMT (0940 Malaysian time) on Monday.
CURRENCIES VS U.S. DOLLAR
Change on the day at 0140 GMT
|Currency||Latest bid||Previous day||Pct move|
|Currency||Latest bid||End prev year||Pct move|