KUALA LUMPUR: The ringgit extended yesterday's gains to be higher against the US dollar early wednesday as more investors shifted to emerging currencies including the ringgit due to concerns over the US tax bill, amid the oil price rally, dealers said. The ringgit, however, was traded lower against a basket of major currencies. It weakened against the Singapore dollar to 3.0994/1034 from 3.0983/1009 on Tuesday and depreciated versus the yen to 3.7134/7167 from 3.7001/7022 Tuesday. The ringgit eased to 5.5665/5718 from 5.5605/5635 compared with the British pound on Tuesday and slipped against the euro to 4.9008/9055 from 4.8907/8938, previously. - BernamaThe following table shows rates for Asian currencies against the dollar at 0151 GMT (0951 Malaysian time) on Wednesday Nov 8.

Source: The Star November 08, 2017 02:17 UTC