Ringgit lower against US$ early Friday


  • Forex
  • Friday, 5 May 2017

At 9.05 am(0105gmt), the ringgi was quoted at 4.3350/3400 against the greenback from 4.3260/3290 on Thursday.

At 9.05 am(0105gmt), the ringgi was quoted at 4.3350/3400 against the greenback from 4.3260/3290 on Thursday.

KUALA LUMPUR: The ringgit extended yesterday''s losses to open lower against the US Dollar Friday as more investors shifted interest towards the greenback, on possibility of another US interest rate hike in June.

At 9.05 am(0105gmt), the ringgi was quoted at 4.3350/3400 against the greenback from 4.3260/3290 on Thursday.

Against other major major currencies, the ringgit was traded lower.

It fell against the Singapore dollar to 3.0944/0985 from 3.0940/0981 and was lower against the Japanese yen at 3.8482/8540 from 3.8300/8337 Thursday.

The ringgit declined against the British pound to 5.6017/6095 from 5.5792/5844 and was lower against the euro at 4.7581/7640 from 4.7292/7338 Thursday.
-- BERNAMA

 

 The following table shows rates for Asian currencies against the dollar at 0224 GMT (1014 AM Malaysian time) Friday.

    CURRENCIES VS U.S. DOLLAR
    
  Currency               Latest bid  Previous day  Pct Move
  Japan yen              112.570           112.45     -0.11
  Sing dlr               1.401             1.4003     -0.05
  Taiwan dlr             30.151            30.140     -0.04
  Korean won*            1132.700          1130.5     -0.19
  Baht                   34.580             34.59     +0.03
  Peso                   49.890             49.87     -0.04
  Rupiah                 13337.000          13326     -0.08
  Rupee                  64.175             64.18     +0.00
  Ringgit                4.334              4.326     -0.17
  Yuan                   6.896             6.8956     -0.01
                                                           
  Change so far                                            
  Currency               Latest bid  End 2016      Pct Move
  Japan yen              112.570           117.07     +4.00
  Sing dlr               1.401             1.4490     +3.43
  Taiwan dlr             30.151            32.279     +7.06
  Korean won*            1132.700         1207.70     +6.62
  Baht                   34.580             35.80     +3.53
  Peso                   49.890             49.72     -0.34
  Rupiah                 13337.000          13470     +1.00
  Rupee                  64.175             67.92     +5.84
  Ringgit                4.334             4.4845     +3.48
  Yuan                   6.896             6.9467     +0.73
 * South Korean market is closed for a holiday

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