Recommend Us | About Us | Back to Bernama.com

News | Financial Calculator | Home Financing | Archived News |

 

  Welcome to Bernama Banking & Finance Special Page     
 
Ringgit continues downtrend against US dollar
Last update: 09/10/2019

KUALA LUMPUR, Oct 9  -- The ringgit continued its downtrend against the US dollar at the close today as market traders remained on the sidelines to await developments on the US-China trade talks which begins tomorrow, said a dealer.

 At 6 pm, the local note stood at 4.1955/1985 against the greenback compared with yesterday’s close of 4.1920/1950.

The dealer said the greenback was steady as investors waited for an outcome from the Sino-US trade talks in Washington, scheduled on Thursday and Friday, although reports said hopes of a trade deal being reached are slim.

The ringgit, however, traded mixed against a basket of other currencies.

It declined against the Singapore dollar to 3.0404/0437 from 3.0381/0407 at Tuesday’s close and depreciated against the euro to 4.6067/6116 from 4.6058/6107.

The local note strengthened against the British pound at 5.1311/1364 from 5.1327/1380 yesterday and appreciated against the yen to 3.9082/9114 from 3.9148/9187.

-- BERNAMA


 


 <Back>

Fintech can make Islamic finance more competitive - Amiruddin
Islamic Banking institutions urged to provide training to strengthen SME sector

 
Govt sets up special committee on Islamic Finance

Further tax relief can boost insurance uptake - Sun Life
Insurance premium discount for careful drivers from January 2020

 
AmMetLife Takaful sees 38 per cent growth in takaful business

OPENING, MONDAY, OCT 14
US4.1780/1810
S'pore3.0459/0489
100 Yen3.8589/8627
Sterling5.2618/2672
Euro4.6054/6104
Source: Bank Negara Malaysia

Reduction in the overnight policy rate (OPR) by Bank Negara Malaysia would be good for consumer spending and investment;
Yes
No
Not sure
 
  Main | News | Insurance

© 2019 BERNAMA. All Rights Reserved. Disclaimer | Privacy Policy| Security Policy
This material may not be published, broadcast, rewritten or redistributed in any form except with the prior written permission of BERNAMA.
Best viewed in Firefox 8.0 & Internet Explorer 8.0 with 1024 x 768 resolution