Feb 8: Ringgit slides against US dollar

Publish date: Thu, 08 Feb 2018, 03:14 AM

KUALA LUMPUR: The ringgit fell against the US dollar today on selling of the local note.

At 6pm, the ringgit ended at 3.9245/9275 against the greenback, from 3.9070/9100 on Wednesday.

"Declining oil prices also caused the ringgit to fall at today's close," a dealer said.

However, the ringgit closed mostly higher against a basket of other major currencies.

It rose against the Singapore dollar to 2.9496/9523 from 2.9614/964 yesterday, and climbed versus the yen to 3.5759/5789 from 3.5811/5849 previously.

It strengthened against the euro to 4.7993/7041 from 4.8248/8292 on Thursday, but slid against the British pound to 5.4394/4439 from 5.4389/4447. - BERNAMA

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Bullish bets on most Asian currencies drop as yields spike lifts dollar: Reuters poll

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https://uk.reuters.com/article/us-asia-forex-emerging/bullish-bets-on-most-asian-currencies-drop-as-yields-spike-lifts-dollar-reuters-poll-idUKKBN1FS0RG

2018-02-08 22:37

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