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FOREX: Ringgit Ends Flat Against Greenback For Second Day
Last update: 13/10/2017

KUALA LUMPUR, Oct 13†(Bernama) -- The ringgit†closed unchanged against the US dollar today for the second consecutive session despite opening†slightly higher this morning, dealers said.

A dealer said mild profit-taking emerged during afternoon session†and curbed earlier gains with†some investors staying†on the sidelines ahead of the weekend.

At 6 pm, the local unit stood at†4.2200/2240 against the greenback, similar to Thursday's close†of 4.2200/2240.

The ringgit†ended mixed†against other major†currencies.

It appreciated against the Singapore dollar to 3.1146/1187 from Thursday's 3.1153/1187 and rose†against the euro to 4.9918/9970 from 5.0007/0071 yesterday.

The local unit declined against the British pound to†5.5995/5065†from 5.5772/5841 and†depreciated against the yen to 3.7638/7677 from 3.7538/7577 yesterday.

-- BERNAMA


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MIDDAY, THURSDAY, OCT 19
US 4.2250/2270
S'pore 3.1087/1113
100 Yen 3.7399/7427
Sterling 5.5808/5847
Euro 4.9851/9879
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?
 

 
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