The ringgit was lower versus the US dollar in the early session today as demand shifted to the safe haven currency, dealers said.
At 9 am, the ringgit was quoted at 3.7640/7670 to the greenback from 3.7550/7580 yesterday.
"The dollar was boosted as investors appeared to shift their interest on prospects of higher US interest rates from the Greek debt saga," a dealer said.
Against the other basket of currencies, the ringgit traded mostly lower.
It fell against the Singapore dollar to 2.8014/8039 from 2.7981/8026 on Wednesday and weakened against the yen at 3.0384/0413 from 3.0302/0338.
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At 9 am, the ringgit was quoted at 3.7640/7670 to the greenback from 3.7550/7580 yesterday.
"The dollar was boosted as investors appeared to shift their interest on prospects of higher US interest rates from the Greek debt saga," a dealer said.
Against the other basket of currencies, the ringgit traded mostly lower.
It fell against the Singapore dollar to 2.8014/8039 from 2.7981/8026 on Wednesday and weakened against the yen at 3.0384/0413 from 3.0302/0338.
Click Here To Register For Free Trial Services OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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