Ringgit flat vs US dollar in early trade

Currency investors remain cautious over the ringgit, awaiting clearer global indicators. – AFP pic
Currency investors remain cautious over the ringgit, awaiting clearer global indicators. – AFP pic

, March 7 — The ringgit was flat against the this morning as traders decided to remain on the sidelines to wait for clearer macroeconomic or geopolitical drivers before committing heavily to new positions.

At 9.16am, the ringgit stood at 4.0870/0900 against the greenback from 4.0870/0910 at the close yesterday.

However, the ringgit was traded lower against other major currencies.

It declined against the dollar to 3.0111/0138 from 3.0098/0139 and depreciated against the Japanese yen to 3.6605/6636 from 3.6530/6579



The local note fell against the British pound to 5.3863/3906 from 5.3724/3793 and weakened versus the euro to 4.6224/6278 from 4.6187/6236. — Bernama

Source: The Malay Mail Online





Leave a Reply

Your email address will not be published. Required fields are marked as *

Time limit is exhausted. Please reload CAPTCHA.