Ringgit ends marginally higher | Malay Mail

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KUALA LUMPUR, Sept 24 — The ringgit ended the week marginally higher, trading in a very narrow range as FTSE Russell’s decision to keep Malaysian bonds on the watch list was already anticipated, said an analyst. As at 6pm, the local note was quoted at 4.1650/1700 compared with yesterday’s...

A foreign tourist inquires about exchange rates on the Malaysian ringgit at a foreign currency money-changer in Kuala Lumpur on August 24, 2015. — AFP pic

“However, flows were tepid as election risks both at home and abroad, with the US presidential debate next week, loom large,” he told Bernama. “But I don’t think this will damage the ringgit that much as bond yields remain very supportive and the local stock market has held up relatively well through all the global turmoil,” he added.

 

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