Ringgit unchanged against US dollar in early trade

The ringgit traded mostly higher against other major currencies, except against the Singapore dollar. It declined to 3.0291/0337 from 3.0286/0334 recorded on Thursday's close. — Reuters pic
The ringgit traded mostly higher against other major currencies, except against the dollar. It declined to 3.0291/0337 from 3.0286/0334 recorded on Thursday’s close. — Reuters pic

, Jan 11 — The ringgit was unchanged against the in early trade this morning as reduced optimism surrounding US- trade talks was offset by market expectation over no further interest by the US Federal Reserve this year.

At 9.19am, the ringgit stood unchanged from yesterday’s close of 4.0950/1000.

A dealer said traders were adopting a “wait and see” approach before making their next move.

Meanwhile, the ringgit traded mostly higher against other major currencies, except against the Singapore dollar. It declined to 3.0291/0337 from 3.0286/0334 recorded on Thursday’s close.



The local unit rose against the yen to 3.7784/7840 from 3.7882/7931, improved against the British pound to 5.2232/2300 from 5.2256/2337 and was higher against the euro at 4.7146/7212 from 4.7191/7253. — Bernama

Source: The Malay Mail Online





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