Malaysia: Ringgit higher against US$

• Oct 09, 2017

KUALA LUMPUR: The ringgit rebounded to kick off the week higher against the US dollar on refresh demand after mild profit taking last week, due to re-emerging tension over the possibility of another missile test by the North Korea, dealers said.

At 9.15 am(0115 gmt), the local unit was quoted at 4.2290/2340 against the greenback from Friday’s 4.2360/2390.

The local note, however, traded mostly lower against other major currencies Monday.

It strengthened against the Singapore dollar to 3.0984/1025 from Friday’s 3.0999/0039 but weakened against the yen to 3.7561/7615 from 3.7500/7533 last week.

The ringgit depreciated against the euro to 4.9644/9720 from 4.9574/9626 on Friday and went down against the British pound to 5.5345/5415 from 5.5326/5378 preciously. – Bernama

The following table shows rates for Asian currencies against the dollar at 0150 GMT(0950 Malaysian time on Monday Oct 9.

CURRENCIES VS U.S. DOLLAR

Currency                       Latest  Previous day   Pct Move

Japan yen                     112.620    112.63    +0.01
Sing dlr                      1.365          1.3644    -0.06
Baht                          33.410         33.43    +0.06
Peso                          51.170        51.15     -0.04
Rupiah                        13505.0     13503     -0.01
Rupee                         65.375       65.38     0.00
Ringgit                       4.233          4.236    +0.07
Yuan                          6.654         6.6528    -0.02

Change so far in 2017

Currency                      Latest bid    End 2016     Pct Move

Japan yen                     112.620         117.07        +3.95
Sing dlr                         1.365            1.4490        +6.14
Baht                             33.410           35.80         +7.15
Peso                            51.170           49.72          -2.83
Rupiah                         13505.0          13470         -0.26
Rupee                          65.375           67.92          +3.89
Ringgit                         4.233            4.4845         +5.94
Yuan                            6.654            6.9467       +4.40
– Reuters

EXCHANGE RATES ISSUED BY MALAYAN BANKING BHD : OCT 9

SELLING TT/OF BUYING TT BUYING OD

1 US Dollar 4.2920 4.1660 4.1560
1 Australian Dollar 3.3330 3.2440 3.2280
1 Brunei Dollar 3.1410 3.0560 3.0480
1 Canadian Dollar 3.4140 3.3300 3.3180
1 Euro 5.0270 4.9020 4.8820
1 New Zealand Dollar 3.0430 2.9370 2.9210
1 Papua N Guinea Kina 1.4400 1.2080 1.1920
1 Singapore Dollar 3.1405 3.0560 3.0480
1 Sterling Pound 5.5880 5.4760 5.4560
1 Swiss Franc 4.3690 4.2780 4.2630
100 UAE Dirham 118.0800 112.1900 111.9900
100 Bangladesh Taka 5.3360 5.0560 4.8560
100 Chinese Renminbi 64.5000 62.0000 0.0000
100 Danish Krone 69.4000 63.9900 63.7900
100 Hongkong Dollar 55.5600 52.8000 52.6000
100 Indian Rupee 6.6650 6.2700 6.0700
100 Indonesian Rupiah 0.0329 0.0297 0.0247
100 Japanese Yen 3.8090 3.6990 3.6890
100 New Taiwan Dollar NA NA 0.0000
100 Norwegian Krone 55.1000 50.7800 50.5800
100 Pakistan Rupee 4.1500 3.8900 3.6900
100 Philippine Peso 8.5100 8.0300 7.8300
100 Qatar Riyal 119.0300 113.2200 113.0200
100 Saudi Riyal 115.7000 109.8400 109.6400
100 South Africa Rand 32.0300 29.5400 29.3400
100 Sri Lanka Rupee 2.8700 2.6500 2.4500
100 Swedish Krona 54.5000 49.7400 49.5400
100 Thai Baht 13.6700 11.6300 11.2300      –Bernama

Source: http://www.thestar.com.my/business/business-news/2017/10/09/ringgit-higher-against-us$/#UAIBlubDElAVxc50.99