Ringgit unchanged in early session

31 Jul 2015 / 10:32 H.

    KUALA LUMPUR: The ringgit opened flat against the US dollar in early trade today as investors remained on the sidelines on lack of fresh catalysts.
    At 9.24 am, the ringgit was quoted unchanged at 3.8150/8170 against the greenback from yesterday's close.
    A dealer said investors would wait for the release of Malaysia's International Reserves for end-June, later today, as well as, the United States' second quarter Gross Domestic Product performance before deciding on their positions.
    However, against other major currencies, the ringgit was traded mostly higher.
    It appreciated versus the Singapore dollar to 2.7749/7784 from 2.7794/7827 but fell against the yen to 3.0759/0777 from 3.0717/0735 yesterday.
    The ringgit was up against the pound sterling at 5.9487/9538 from 5.9560/9610 yesterday and increased against the euro to 4.1725/1754 from 4.1839/1869 on Thursday. – Bernama

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