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Wednesday 6 June 2018

#Malaysian #Ringgit traded mostly lower on despite Malaysia’s favourable trade data for April against Currencies.


Malaysia: The ringgit was unchanged against the US dollar in today’s early session, despite Malaysia’s favourable trade data for April.
As of 9.30am, the local unit was quoted at 3.9700/9750 against the greenback, unchanged from yesterday's close.
Meanwhile, the ringgit traded mostly lower against a basket of other major currencies.
It declined against the Singapore dollar to 2.9756/9800 from 2.9749/9791 yesterday, but gained vis-a-vis the yen to 3.6127/6179 from 3.6163/6219.
The local note fell against the British pound to 5.3238/3317 from 5.3115/3197, and depreciated against the euro to 4.6544/6607 from 4.6453/6523.
  
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