Ringgit opens flat against the dollar ahead of Trump inauguration - Business News - News Summed Up

Ringgit opens flat against the dollar ahead of Trump inauguration - Business News


KUALA LUMPUR : The ringgit opened flat against the US dollar today due to a lack of fresh leads on the currency's short-term outlook, dealers said. A dealer said investors remained on sidelines due to growing concerns ahead of the US President-elect Donald Trump's inauguration ceremony tonight. The ringgit traded mostly lower against a basket of major currencies, except the British pound. It depreciated against the Singapore dollar to 3.1179/1215 from 3.1172/1211 and slipped against the euro to 4.7418/7465 from 4.7396/7457 on Thursday. The ringgit improved against the yen to 3.8686/8735 from 3.8818/8856 on Thursday but depreciated against the British pound to 5.4872/4934 from 5.4734/4787.


Source: The Star January 20, 2017 02:35 UTC



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