February 22: Ringtone stands for the fourth day against the US dollar

in #trade6 years ago

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Due to the downside of the US Dollar yesterday, the global oil prices have remained in intensive environments.

The local note is quoted at 3.9150 / 9190 at 6pm which starts from 3.9040 / 9080 on Tuesday.

A dealer said late late on Wednesday, expanding its recovery from last week, said another inflation has risen more than US dollars a week against a basket

He said, "Oil trade is operated in US dollars, so if the greenbank increases, it imports the fuel by using additional currency of other prices."

Meanwhile, the ringgit trade mixed with other major currencies.

It was against Singapore dollar on Wednesday, 29, 551/9595 to 29592/9622 and has been sold from 3.6376 / 6364 to Yen with 3.6476 / 6517.

Local unit increased from 5.4531 / 4599 to 5.428 / 4439 against British pound and 4.8144 / 8209 to EUR 4.8123 / - Barnma

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