July 31, 2009

Ringgit little changed against greenback

The ringgit closed unchanged against the US dollar yesterday, dealers said.They said the ringgit was little changed at 3.5300/5350 to the dollar compared with 3.5300/5330 at Wednesday's closing.

A dealer said the US dollar climbed after five per cent drop in the Shanghai stock market which encouraged investors to unwind positions in riskier assets built in the past few sessions.Against the Singapore dollar, the ringgit increased to 2.4417/4476 from 2.4475/4518 Wednesday and was higher against the yen at 3.7134/7191 from 3.7287/7339 previously.

The local currency was lower against the British pound at 5.8220/8320 from 5.7776/7839 Wednesday but increased against the euro to 4.9628/9709 from 4.9946/9995 previously.

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Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;

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