15 March: Ringgit unchanged at the close - News Summed Up

15 March: Ringgit unchanged at the close


KUALA LUMPUR: The ringgKUALA LUMPUR, March 15 (Bernama) -- The ringgit ended unchanged against the US dollar today as weak sentiment persisted due to bearish external leads. "Based on the interest rate futures contract, the probability of US interest rate cuts has gone up and it is likely to happen at the end of 2019 or early 2020," he told Bernama. Against other major currencies, the ringgit was traded lower. It declined against the Japanese yen to 3.6623/6671 from 3.6594/6648, slipped versus the euro to 4.6287/6360 from 4.6259/6320 on Thursday. The ringgit also depreciated versus the British pound to 5.4220/4307 from 5.4200/4274 and eased against the Singapore dollar to 3.0197/0245 from 3.0162/3201 yesterday.


Source: New Strait Times March 15, 2019 10:41 UTC



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