Recommend Us | About Us | Back to

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.




Bank Islam eyes 15 pct rise in foreign remittance volume via swift gpi service
Malaysia eyes opportunity to send Islamic banking graduates to work abroad

Islamic finance set to be greater contributor to planet, people, prosperity - Sultan Nazrin

Etiqa urges policyholders to update beneficiary details
Capital Life Insurance Company Limited credit ratings withdrawn - AM Best

Zurich Malaysia partners DoctorOnCall for digital healthcare services

100 Yen3.7526/7557
Sterling 5.3210/3258
Source: Bank Negara Malaysia

Reduction in the overnight policy rate (OPR) by Bank Negara Malaysia would be good for consumer spending and investment;
Not sure
  Main | News | Insurance

© 2020 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This material may not be published, broadcast, rewritten or redistributed in any form except with the prior written permission of BERNAMA.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