Highlights

Ringgit rebounds against US dollar

 Publish date: Thu, 10 Sep 2020, 9:44 AM

KUALA LUMPUR: The ringgit opened slightly higher today against the US dollar ahead of Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) meeting, an analyst said.
 
At 9.10am, the local currency was quoted at 4.1630/1680 against the greenback, from Wednesday's close of 4.1700/1740.
 
The central bank has reduced the overnight policy rate (OPR) four times this year, bringing it to 1.75 per cent, the lowest level recorded since 2004.
 
The MPC will meet today before holding the last meeting on Nov 3.
 
Meanwhile, the ringgit was traded mostly lower against other major currencies.
 
It fell against the British pound to 5.4086/4163 from 5.3985/4053 yesterday, and slipped against the euro to 4.9165/9228 from 4.9060/9124.
 
The domestic unit depreciated against the Singapore dollar to 3.0454/0501 from 3.0447/0487 previously, but rose against the yen to 3.9203/9254 from 3.9314/9363.
 
 - Bernama
 

 

Share this

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Stock Screener using Technical and Fundamental criteria
MQ Affiliate
Join the MQ Affiliate Program today to earn rewards
 
 

248  821  476  603 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 AT 0.10+0.005 
 DGSB 0.195-0.03 
 VIVOCOM 0.05+0.005 
 AEM 0.16+0.005 
 GPACKET 0.46-0.02 
 MAHSING 0.91-0.05 
 DATAPRP 0.18-0.015 
 HWGB 0.755-0.025 
 LUSTER 0.15-0.015 
 TRIVE 0.010.00 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS