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Tuesday 8 May 2018

Ringgit traded higher against major currencies. Now, because greenback garnered demand of strong US economic data Results ringgit was quoted at 3.9430/9460.


Malaysia: The ringgit slid against the US dollar today as the greenback garnered demand on the back of strong US economic data.
At 6pm, the ringgit was quoted at 3.9430/9460, down from Friday's 3.9390/9420.
However, the ringgit traded higher against a basket of other major currencies.
It rose against the Singapore dollar to 2.9502/9538 from 2.9523/9548 on Friday, and strengthened against the Japanese yen to 3.6082/6112 from 3.6095/6132.
The local note improved against the euro to 4.7032/7072 from 4.7103/7154, and appreciated against the British pound to 5.3345/3389 from 5.3389/3446 previously. 

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