AuctionPro.my

We are the exclusive marketing partner of LelongTips.com.my.

We display updated listings of auction properties in Malaysia and provide FREE assistance service for enquiries by telephone or online. Our below market value listing would benefit your property investment as well as for your own use.

go visit
 auctionpro.my
 
get in touch
 012-356 3866
 012-356 3866
 info@auctionpro.my

Ringgit Opens At RM3.99 Against Greenback


The ringgit extended its
uptrend against the US dollar on the first day of the second half of the
year – touching the 3.9 level at the opening as currency markets continued
to stabilise after the Brexit surprise.




At 9.03am, the ringgit was
higher at 3.9900/9950 against the greenback from yesterday’s closing of
4.0280/0350.




Meanwhile reports said the
British pound came under renewed pressure after the Bank of England’s
governor Mark Carney saw the need for more stimulus for Britain’s economy
after the surprise Brexit vote last week.




The global benchmark Brent
crude, which was trading at US$50.04 per barrel at 0026 GMT (8.28am), up
33 cents from its previous settlement, also helped to support the local
note.









(adsbygoogle = window.adsbygoogle || []).push({});




Against other major currencies,
the ringgit was traded higher.




It rose against the Singapore dollar to 2.9635/9694 from 2.9850/9913 yesterday
and appreciated against the yen to 3.8753/8832 from 3.9171/9251 previously.




The local unit was higher
against the British pound at 5.3223/3305 from 5.4293/4412 yesterday and
strengthened against the euro to 4.4345/4420 from 4.4791/4873 previously.



 

July 1, 2016
Source: The Rakyat Post
Share:

Recent Posts

Perumahan strata dengan pelbagai fasiliti dominan di bandar

Perumahan strata dengan pelbagai fasiliti dominan di bandar

Kenaikan harga tanah, perubahan gaya hidup dan keperluan demografi baharu mengubah landskap pembangunan...

March 25, 2026
Memang proses kompleks tetapi tetap satu keperluan

Memang proses kompleks tetapi tetap satu keperluan

Isu pembaharuan bandar mendapat perhatian di Malaysia susulan cadangan penggubalan Akta Pembaharuan Bandar...

March 25, 2026

Recent Auctions

1 Storey Terrace House

1 Storey Terrace House

Taman Mahkota Emas, Pahang

RM 250,000

1 Storey Terrace House

1 Storey Terrace House

Bandar Baru Chendor, Pahang

RM 207,000

1 Storey Terrace House

1 Storey Terrace House

Kuantan, Pahang

RM 340,000

Find Auction Property