English
Malaysia: Ringgit higher against US$ on renewed interest on emerging currencies
KUALA LUMPUR: The ringgit slightly rebounded to open marginally higher against the US dollar today, on renewed interest on the emerging currencies, said dealers.
At 9.30 am, the local note was quoted at 3.9100/9150 versus the greenback from 3.9170/9200 on Friday.
A dealer said that investors were awaiting news from the Federal Reserve Governor Jerome Powell’s first congressional testimony, which could give hints on the future pace of US monetary tightening.
The ringgit also traded mostly higher against a basket of major currencies.
It dropped against the Singapore dollar to 2.9617/9666 from Friday’s 2.9607/9639 and rose against the yen to 3.6600/6657 from 3.6642/6677.
The local unit also increased against the British pound to 5.4638/4716 from 5.4705/4762 and improved against the euro to 4.8054/8123 from 4.8203/8255 on Friday. – Bernama
EXCHANGE RATES ISSUED BY MALAYAN BANKING BHD 
: FEB 26
SELLING TT/OFBUYING TTBUYING OD
1 US Dollar3.97203.85703.8470
1 Australian Dollar3.10503.02703.0110
1 Brunei Dollar3.00102.92502.9170
1 Canadian Dollar3.13303.05403.0420
1 Euro4.87004.74704.7270
1 New Zealand Dollar2.89902.80202.7860
1 Papua N Guinea KinaNANA0.0000
1 Singapore Dollar3.00052.92502.9170
1 Sterling Pound5.52305.41105.3910
1 Swiss Franc4.22404.13404.1190
100 UAE Dirham109.3100103.8400103.6400
100 Bangladesh Taka4.83804.59204.3920
100 Chinese RenminbiNANA0.0000
100 Danish Krone67.200061.940061.7400
100 Hongkong Dollar51.270048.800048.6000
100 Indian Rupee6.23605.86005.6600
100 Indonesian Rupiah0.03000.02720.0222
100 Japanese Yen3.70803.60803.5980
100 New Taiwan DollarNANA0.0000
100 Norwegian Krone51.870047.800047.6000
100 Pakistan Rupee3.65003.42003.2200
100 Philippine Peso7.77007.34007.1400
100 Qatar Riyal110.2800104.6900104.4900
100 Saudi Riyal107.0900101.6600101.4600
100 South Africa Rand35.250032.430032.2300
100 Sri Lanka Rupee2.63002.42002.2200
100 Swedish Krona50.020045.640045.4400
100 Thai Baht13.160011.760011.3600 – Bernama
The following table shows rates for Asian currencies against the dollar at 0141 GMT(0940 Malaysian time) on Feb 26.
CURRENCIES VS U.S. DOLLAR
Change on the day
Currency Latest bid Previous day Pct Move
Japan yen 106.650 106.88 +0.22
Sing dlr 1.319 1.3195 +0.05
Taiwan dlr 29.250 29.306 +0.19
Korean won 1074.400 1079 +0.43
Baht 31.370 31.45 +0.26
Peso 51.795 51.89 +0.18
Rupiah 13653.000 13665 +0.09
Rupee 64.730 64.73 0.00
Ringgit 3.908 3.917 +0.23
Yuan 6.323 6.3379 +0.23
Change so far in 2018
Currency Latest bid End 2017 Pct Move
Japan yen 106.650 112.67 +5.64
Sing dlr 1.319 1.3373 +1.40
Taiwan dlr 29.250 29.848 +2.04
Korean won 1074.400 1070.50 -0.36
Baht 31.370 32.58 +3.86
Peso 51.795 49.93 -3.60
Rupiah 13653.000 13565 -0.64
Rupee 64.730 63.87 -1.33
Ringgit 3.908 4.0440 +3.48
Yuan 6.323 6.5069 +2.91
– Reuters
Source: https://www.thestar.com.my/business/business-news/2018/02/26/ringgit-higher-against-us$-on-renewed-interest-on-emerging-currencies/#LTz0cmyB3EeYffP1.99