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Ringgit closes slightly higher against US dollar on mild buying interest
by hlk Tue 10 Dec 2013, 18:41
Business & Markets 2013
Written by Bernama
Tuesday, 10 December 2013 17:39
A + A - Reset
KUALA LUMPUR (Dec 10): The ringgit closed slightly higher against the US
dollar today on mild buying interest.
At 5 pm, the ringgit was quoted at 3.2065/2095 against a US dollar, after hitting
its highest level in two months at 3.2080/2110 yesterday.
A dealer said the stronger ringgit was in line with most emerging Asian
currencies, a sign of improving global economy.
"However, the market was also clouded with cautious sentiments, fuelled by
worries that the Federal Reserve will trim its stimulus," he added.
The local unit rose against the yen to 3.1080/1124 from 3.1097/1141 yesterday
and advanced against the Singapore dollar to 2.5636/5668 from 2.5650/5692
Monday.
The domestic currency weakened against the British pound to 5.2683/2742 from 5.2499/2564 yesterday and fell against the euro to
4.4089/4137 from 4.3998/4048 on Monday. -- BERNAMA
Written by Bernama
Tuesday, 10 December 2013 17:39
A + A - Reset
KUALA LUMPUR (Dec 10): The ringgit closed slightly higher against the US
dollar today on mild buying interest.
At 5 pm, the ringgit was quoted at 3.2065/2095 against a US dollar, after hitting
its highest level in two months at 3.2080/2110 yesterday.
A dealer said the stronger ringgit was in line with most emerging Asian
currencies, a sign of improving global economy.
"However, the market was also clouded with cautious sentiments, fuelled by
worries that the Federal Reserve will trim its stimulus," he added.
The local unit rose against the yen to 3.1080/1124 from 3.1097/1141 yesterday
and advanced against the Singapore dollar to 2.5636/5668 from 2.5650/5692
Monday.
The domestic currency weakened against the British pound to 5.2683/2742 from 5.2499/2564 yesterday and fell against the euro to
4.4089/4137 from 4.3998/4048 on Monday. -- BERNAMA
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