Nov 13: Ringgit opens lower against US dollar - News Summed Up

Nov 13: Ringgit opens lower against US dollar


KUALA LUMPUR: The ringgit opened lower against the US dollar on lack of interest, said a dealer. At 9.15 am, the local unit stood at 4.1960/1990 against the greenback from Friday’s close of 4.1900/1930. A dealer said the US dollar strengthened against a basket of currencies as investors remained focused on a planned US tax reform. The ringgit, however, was traded mixed against a basket of major currencies. The local unit eased against the euro to 4.8883/8923 from 4.8855/8899 but rose against the British pound to 5.5043/5095 from Friday’s 5.5099/5155.


Source: New Strait Times November 13, 2017 01:52 UTC



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