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Tuesday, August 20th, 2019

Ringgit lower against US$ early Wednesday

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by December 28, 2016 General
At 9 am(0100gmt), the local unit slid to 4.4780/4820 against the US dollar from 4.4760/4810 yesterday. (KUALA LUMPUR, 23 Nov -- An employee counts U.S. dollar banknotes at a currency exchange outlet. Bernama filepic)

At 9 am(0100gmt), the local unit slid to 4.4780/4820 against the US dollar from 4.4760/4810 yesterday. (KUALA LUMPUR, 23 Nov — An employee counts U.S. dollar banknotes at a currency exchange outlet. Bernama filepic)

KUALA LUMPUR: The ringgit was marginally lower against the greenback Wednesday, on the back of weaker crude oil prices in early trade, said dealers.

At 9 am(0100gmt), the local unit slid to 4.4780/4820 against the US dollar from 4.4760/4810 Tuesday.

A dealer said the benchmark Brent Crude oil price had a slight downward trajectory at US$55.93 per barrel, while West Texas Intermediate was lower at US$53.76 per barrel.

On the current state of crude oil prices, RHB Research said in a note traders were prompted to maintain long positions, as market strength remained encouraging.

The ringgit traded mixed against other major currencies.

It depreciated against the Singapore dollar to 3.0904/0949 from Monday’s 3.0895/0946, strengthened against the yen to 3.8062/8112 from 3.8168/8214 and declined against the British pound to 5.5017/5079 from 5.4921/4995. 

However, the local note trimmed vis-a-vis the euro to 4.6853/6900 from 4.6770/6831. 

— BERNAMA

The following table shows rates for Asian currencies against the dollar at 0136 GMT (0936 Malaysian time) Wednesday.

    CURRENCIES VS U.S. DOLLAR
 
  Change on the day at   0136 GMT                          
  Currency              Latest bid  Previous day   Pct Move
  Japan yen                 117.60        117.43      -0.14
  Sing dlr                  1.4478        1.4506      +0.19
  Taiwan dlr                32.268        32.281      +0.04
  Korean won               1207.73       1207.60      -0.01
  Baht                       36.01         36.00      -0.04
  Peso                      49.790        49.810      +0.04
  Rupiah                     13440         13445      +0.04
  Rupee                      68.07         68.07      +0.01
  Ringgit                   4.4780        4.4760      -0.04
  Yuan                      6.9533        6.9540      +0.01
                                                           
  Change so far in 2016

  Currency              Latest bid      End prev year  Pct Move
                                               
  Japan yen                 117.60        120.30      +2.30
  Sing dlr                  1.4478        1.4177      -2.08
  Taiwan dlr                32.268        33.066      +2.47
  Korean won               1207.73       1172.50      -2.92
  Baht                       36.01         36.00      -0.04
  Peso                       49.79         47.06      -5.48
  Rupiah                     13440         13785      +2.57
  Rupee                      68.07         66.15      -2.81
  Ringgit                   4.4780        4.2935      -4.12
  Yuan                      6.9533        6.4936      -6.61
– Reuters

EXCHANGE RATES ISSUED BY MALAYAN BANKING BHD: DEC 28:

SELLING BUYING BUYING

TT/OD    TT    OD 

1 US Dollar 4.5370 4.4200 4.4100

1 Australian Dollar 3.2730 3.1690 3.1530

1 Brunei Dollar 3.1400 3.0410 3.0330

1 Canadian Dollar 3.3480 3.2500 3.2380

1 Euro 4.7560 4.6150 4.5950

1 New Zealand Dollar 3.1520 3.0280 3.0120

1 Papua N Guinea Kina 1.5400 1.2870 1.2710

1 Singapore Dollar 3.1395 3.0410 3.0330

1 Sterling Pound 5.5660 5.4300 5.4100

1 Swiss Franc 4.4140 4.3020 4.2870

100 UAE Dirham 125.3500 118.5400 118.3400

100 Bangladesh Taka 5.8330 5.5000 5.3000

100 Chinese Renminbi 65.1000 62.8000 0.0000

100 Danish Krone 65.7400 60.3300 60.1300

100 Hongkong Dollar 59.3300 56.1100 55.9100

100 Indian Rupee 6.8060 6.3700 6.1700

100 Indonesian Rupiah 0.0351 0.0315 0.0265

100 Japanese Yen 3.8780 3.7490 3.7390

100 New Taiwan Dollar NA NA 0.0000

100 Norwegian Krone 53.6600 49.2400 49.0400

100 Pakistan Rupee 4.4200 4.1300 3.9300

100 Philippine Peso 9.2800 8.7200 8.5200

100 Qatar Riyal 126.0700 119.9200 119.7200

100 Saudi Riyal 122.4900 116.2900 116.0900

100 South Africa Rand 33.5600 30.8800 30.6800

100 Sri Lanka Rupee 3.1500 2.8700 2.6700

100 Swedish Krona 50.9000 46.2400 46.0400

100 Thai Baht 13.4700 11.4100 11.0100

— BERNAMA

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