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14 December 2015

Ringgit opened lower against the US dollar today


Ringgit opens at 4.32 against US dollar in early trade


Published: 14 December 2015 9:42 AM

The ringgit opened lower against the US dollar today, said a dealer.

At 9.30am, the local unit was quoted at 4.3255/3315 against the dollar from Friday's close of 4.2900/2950.

The dealer said the US dollar was lifted on the possibility of a US interest rate hike, with the Federal Open Market Committee meeting scheduled for December 15-16.


The local note traded mixed against other major currencies this morning.



It went down against the Singapore dollar to 3.0608/0652 from Friday's close of 3.0484/0543, but depreciated against the yen to 3.5813/5875 from 3.5199/5251.

The ringgit also eased against the British pound to 6.5761/5856 from Friday's close of 6.5049/5142, and fell against the euro to 4.7511/7586 from 4.7048/7112. – Bernama, December 14, 2015.

- See more at: http://www.themalaysianinsider.com/malaysia/article/ringgit-lower-against-dollar-in-early-trade#sthash.UOtxUIZ9.dpuf

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