KUALA LUMPUR: The ringgit closed easier against the US dollar yesterday after positive news in Europe kept investors away from Asian currencies, dealers said.
The ringgit was at 3.2140/2170 to the US dollar from 3.1970/1010 on Monday.
A dealer said investors were currently awaiting the German business sentiment data for September.
Meanwhile, the ringgit fell against most major currencies.
It fell versus the Singapore dollar to 2.5614/5654 from 2.5541/5583 on Monday and was weaker against the yen at 3.2422/2459 from 3.2306/2353 recorded previously.
It droped versus the British pound to 5.1363/1424 from 5.1289/1366 and against the euro to 4.3370/3417 from 4.3227/3290 previously.INTERBANK RATESKUALA LUMPUR:
Short-term interbank rates closed stable yesterday on Bank Negara's intervention to absorb excess liquidity from the financial system through various instruments.
The liquidity surplus in the conventional system fell to RM19.99 billion from RM24.81 billion estimated in the morning, and dwindled to RM2.99 billion from RM3.93 billion in the Islamic system.
The central bank called for one repo tender, three money market and three Al-Wadiah tenders.
The central bank also called for a RM20 billion conventional money market tender and a RM2.5 billion Al-Wadiah tender, both for one-day money.
The overnight rate stood at 2.92 per cent while the one-, two- and three-week rates stood at 2.97 per cent, 3.01 per cent and 3.04 per cent respectively.KLIBORKUALA LUMPUR:
The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract ended untraded yesterday.
October 2013, November 2013 and December 2013 each remained pegged at 96.78, respectively.
At the 11 am fixing, the underlying three-month KLIBOR stood at 3.20 per cent. - Bernama