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Ringgit lower against US$ on lack of demand for ringgit


  • Forex
  • Wednesday, 12 Sep 2018

At 9 am (0100 gmt), the ringgit weakened to 4.1500/1530 against the greenback from 4.1435/1465 on last Friday

At 9 am (0100 gmt), the ringgit weakened to 4.1500/1530 against the greenback from 4.1435/1465 on last Friday

KUALA LUMPUR: The ringgit opened marginally lower against the US dollar early Wednesday on lack of buying demand for the local note, a dealer said.

At 9 am (0100 gmt), the ringgit weakened to 4.1500/1530 against the greenback from 4.1435/1465 on last Friday

The market was closed on Monday and Tuesday in conjunction with King's birthday and Awal Muharram

The dealer said low demand for the ringgit was due to the strengthening US dollar, as emerging markets continued to face economic turbulence.

Meanwhile, the ringgit traded mixed against other major currencies.

It depreciated against the Singapore dollar to 3.0149/0173 from 3.0139/0163 on Friday and inched up against the yen to 3.7200/7237 from 3.7406/7444.

It rose against the euro to 4.8119/8171 from 4.8210/8257 and eased against the British pound to 5.4025/4068 from 5.3725/3768. - Bernama

EXCHANGE RATES ISSUED BY MALAYAN BANKING BHD : SEPT 12


  SELLING TT/OF BUYING TT BUYING OD 

 1 US Dollar
 4.2080 4.0950 4.0850 

 1 Australian Dollar
 2.9920 2.9010 2.8850 

 1 Brunei Dollar
 3.0550 2.9730 2.9650 

 1 Canadian Dollar
 3.2150 3.1360 3.1240 

 1 Euro
 4.8770 4.7440 4.7240 

 1 New Zealand Dollar
 2.7460 2.6580 2.6420 

 1 Papua N Guinea Kina
 N/A N/A N/A 

 1 Singapore Dollar
 3.0550 2.9730 2.9650 

 1 Sterling Pound
 5.4660 5.3420 5.3220 

 1 Swiss Franc
 4.3100 4.2200 4.2050 

 100 UAE Dirham
 115.9100 110.1400 109.9400 

 100 Bangladesh Taka
 5.0880 4.8310 4.6310 

 100 Chinese Renminbi
 N/A N/A N/A 

 100 Danish Krone
 67.1300 61.9100 61.7100 

 100 Hongkong Dollar
 54.1800 51.6000 51.4000 

 100 Indian Rupee
 5.8900 5.5400 5.3400 

 100 Indonesian Rupiah
 0.0293 0.0266 0.0216 

 100 Japanese Yen
 3.7760 3.6670 3.6570 

 100 New Taiwan Dollar
 N/A N/A N/A 

 100 Norwegian Krone
 51.8800 47.8200 47.6200 

 100 Pakistan Rupee
 3.5200 3.2700 3.0700 

 100 Philippine Peso
 7.9100 7.4700 7.2700 

 100 Qatar Riyal
 116.9900 111.0600 110.8600 

 100 Saudi Riyal
 113.5600 107.8100 107.6100 

 100 South Africa Rand
 28.7000 26.4100 26.2100 

 100 Sri Lanka Rupee
 2.6600 2.4500 2.2500 

 100 Swedish Krona
 47.9500 43.7700 43.5700 

 100 Thai Baht
 13.3600 11.9600 11.5600  

- Bernama

Malaysian ringgit, S.Korean won weaken; Thai baht gains

 

The following table shows rates for Asian currencies against the dollar at 0140 GMT (0940 Malaysian time) on Wednesday Sept 12.

CURRENCIES VS U.S. DOLLAR

 Currency                     Latest bid  Previous day  Pct Move

 Japan yen                    111.510     111.62        +0.10
 Sing dlr                     1.377       1.3750        -0.12
 Taiwan dlr                   30.813      30.814        +0.00
 Korean won                   1126.900    1125.3        -0.14
 Baht                         32.790      32.82         +0.09
 Peso                         53.920      53.94         +0.04
 Rupiah                       14850.000   14852         +0.01
 Rupee                        72.69       72.69         0.00
 Ringgit                      4.150       4.1435        -0.16
 Yuan                         6.878       6.8719        -0.08

 

 Change so far in 2018

 Currency                     Latest bid  End 2017      Pct Move

 Japan yen                    111.510     112.67        +1.04
 Sing dlr                     1.377       1.3373        -2.85
 Taiwan dlr                   30.813      29.848        -3.13
 Korean won                   1126.900    1070.50       -5.00
 Baht                         32.790      32.58         -0.64
 Peso                         53.920      49.977        -7.31
 Rupiah                       14850.000   13565         -8.65
 Rupee                        72.69       63.87         -12.13
 Ringgit                      4.150       4.0440        -2.55
 Yuan                         6.878       6.5069        -5.39
 - Reuters

 

 

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