Ringgit strengthens against US dollar

KUALA LUMPUR, OCT 9: The ringgit rebounded against the US dollar due to new demands after moderate profit-taking last week, as a result of re-emerging tensions over the North Korean nuclear test, said traders.

At 9.15am, ringgit was quoted at 4.2290/2340, from Friday’s 4.2360/2390.

The local note however, traded mostly lower against other major currencies


It strengthened against the Singapore dollar to 3.0984/1025 from Friday’s 3.0999/0039, but weakened against the yen to 3.7561/7615 from 3.7500/7533.

It depreciated against the euro to 4.9644/9720 from 4.9574/9626 and sank against the British pound to 5.5345/5415 from 5.5326/5378 previously.

*Source: BERNAMA

Pengarang :