Hottest Online News Portal

Ringgit Opens Higher Against US$ Wednesday

in Latest

KUALA LUMPUR: The ringgit eked out a slightly better position against the US dollar at opening Wednesday, analysts said.

At 9 am(0100gmt), the ringgit traded higher at 4.3850/3920 against the greenback from Tuesday’s closing of 4.4050/4100.

An analyst noted that despite worries over sluggish oil prices, which fell to a 12-year low at US$30.44 per barrel, the local unit still improved a little on positive sentiment in the China market.

“The risk-aversion mode among market players has softened at the moment and investors’ attention is still on the renmimbi fixing by the People’s Bank of China today,” he said.

The ringgit traded higher at the opening against a basket of currencies.
It opened higher against the Singapore dollar at 3.0578/0641 from 3.0605/0644 from on Tuesday, and went up against the British pound to 6.3454/3567 from 6.4027/4117.

It rose against the yen to 3.7262/7329 from 3.7499/7545 and against the euro, improved to 4.7597/7680 from 4.7940/7003.
. – Bernama

ASIA FX-Yuan edges up; ringgit, rupiah, won gain
The following table shows rates for Asian currencies against the dollar at 0133 GMT.

CURRENCIES VS U.S. DOLLAR

Currency Latest bid Previous day Pct Move

Japan yen 118.11 117.63 -0.41
Sing dlr 1.4351 1.4383 +0.22
Taiwan dlr 33.366 33.667 +0.90
Korean won 1207.00 1210.30 +0.27
Baht 36.25 36.32 +0.19
Peso 47.38 47.44 +0.13
Rupiah 13850.00 13905.00 +0.40
Rupee 66.86 66.86 +0.00
Ringgit 4.3840 4.4090 +0.57
Yuan 6.5708 6.5756 +0.07

Change so far in 2016
Currency Latest bid End prev year Pct Move
Japan yen 118.11 120.30 +1.85
Sing dlr 1.4351 1.4177 -1.21
Taiwan dlr 33.366 33.066 -0.90
Korean won 1207.00 1172.50 -2.86
Baht 36.25 36.00 -0.69
Peso 47.38 47.06 -0.68
Rupiah 13850.00 13785.00 -0.47
Rupee 66.86 66.15 -1.06
Ringgit 4.3840 4.2935 -2.06
Yuan 6.5708 6.4936 -1.17
– Reuters
EXCHANGE RATES ISSUED BY MALAYAN BANKING BHD: JAN 13:

SELLING BUYING BUYING

TT/OD TT OD

1 US Dollar 4.4450 4.3360 4.3260
1 Australian Dollar 3.1230 3.0280 3.0120
1 Brunei Dollar 3.1040 3.0110 3.0030
1 Canadian Dollar 3.1250 3.0380 3.0260
1 Euro 4.8240 4.6890 4.6690
1 New Zealand Dollar 2.9330 2.8220 2.8060
1 Papua N Guinea Kina 1.5850 1.3400 1.3240
1 Singapore Dollar 3.1035 3.0110 3.0030
1 Sterling Pound 6.4170 6.2700 6.2500
1 Swiss Franc 4.4270 4.3210 4.3060
100 UAE Dirham 122.7700 116.3000 116.1000
100 Bangladesh Taka 5.7610 5.4410 5.2410
100 Chinese Renminbi 67.9000 65.2000 0.0000
100 Danish Krone 66.4400 61.0700 60.8700
100 Hongkong Dollar 58.1100 55.0600 54.8600
100 Indian Rupee 6.7790 6.3600 6.1600
100 Indonesian Rupiah 0.0332 0.0299 0.0249
100 Japanese Yen 3.7850 3.6650 3.6550
100 New Taiwan Dollar 14.2000 NA 0.0000
100 Norwegian Krone 51.5000 47.3400 47.1400
100 Pakistan Rupee 4.3200 4.0500 3.8500
100 Philippine Peso 9.5500 8.9900 8.7900
100 Qatar Riyal 123.6100 117.5800 117.3800
100 Saudi Riyal 120.0900 114.0000 113.8000
100 South Africa Rand 27.6100 25.4300 25.2300
100 Sri Lanka Rupee 3.1900 2.9100 2.7100
100 Swedish Krona 53.8300 48.9900 48.7900
100 Thai Baht 13.0900 11.1000 10.7000

– Bernama

Latest from Latest

Go to Top