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Ringgit ends lower against US dollar, other currencies

KUALA LUMPUR: The ringgit depreciated further against the US dollar, hitting a six-month low, and is currently trading near its resistance level of 4.6257, alongside other regional currencies impacted by the US debt ceiling debacle, said Bank Muamalat Malaysia Bhd chief economist and social finance head Dr Mohd Afzanizam Abdul Rashid.
United Kingdom Kuala Lumpur Mohd Afzanizam Mohd Afzanizam Abdul Rashid Saileshk Jha Bank Muamalat Malaysia Bhd

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Rupee rises 8 paise to 82.77 against US dollar in early trade

The rupee gained 8 paise to 82.77 against the US dollar in early trade on Wednesday supported by foreign fund inflows. Forex traders said the rupee is trading in a narrow range as investors are awaiting cues from the minutes of the US Fed's May meeting, due later in the day. Moreover, strength of the greenback is restricting the appreciating bias. At the interbank foreign
Sriram Iyer Commodities Currencies Reliance Securities Ltd Senior Research Analyst Senior Research Analyst Commodities Currencies Reliance Securities Chinese Yuan

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