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Thursday, 22 March 2018

In today’s early trading session the local note was quoted at 3.9050/9100 on renewed buying interest.

Malaysia: The ringgit strengthened against the US dollar in today’s early trading session on renewed buying interest.
At 9am, the local note was quoted at 3.9050/9100 from Wednesday’s close of 3.9240/9270.
However, the ringgit traded mostly lower against a basket of other major currencies.
It rose against the Singapore dollar to 2.9748/9790 from 2.9752/9788, but declined against the Japanese yen to 3.6948/7012 from 3.6907/6946.
The local unit depreciated against the British pound to 5.5310/5385 from 5.5152/5210, and fell against the euro to 4.8285/8351 from 4.8171/8224. 

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