Wednesday, September 9, 2009

Forex: the stronger Ringgit Close

The ringgit ended the third consecutive day Thursday that a strong market demand, "said one trader.

He said the dollar remained under selling pressure, as traders moved to other assets such as stocks and commodities.

In 5, the local unit 3.4940/4980 to the dollar, compared with 3.5000/5040 at the close of Friday.

The ringgit has shown little change in the Singapore dollar 2.4501/4553 from 2.4500/4543 Wednesday and rose against the yen to 3.7782/7846 from 3.7920/7984.

Report to the British pound was higher at 5.7614/7684 from 5.7759/7859, but fell against the euro at 5.0678/0754 from 5.0431/0520.

No comments:

Post a Comment