News & Articles Ringgit eases against the dollar

Ringgit eases against the dollar


3 May 2016
Ringgit eases against the dollar
The ringgit opened easier against the US dollar in the early session on profit-taking, dealers said.

At 9.02 am, the local note stood at 3.9020/9120 against the US dollar from 3.8800/8870 on Friday.

The ringgit was also traded lower against other major currencies.

It went down against the Singapore dollar to 2.9117/9214 from Friday's 2.8897/8953 and depreciated against the yen to 3.6770/6878 from 3.6761/6875 previously.

It weakened against the euro to 4.5006/5137 from 4.4088/4180 and eased against the British pound to 5.7242/7397 from 5.6587/6714 on Friday.

The market was closed on Monday for the Labour Day holiday.

Source: Thestar.com.my

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