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Ringgit Opens Lower Against US Dollar

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KUALA LUMPUR – The ringgit opened lower against the US dollar today on lack of buying momentum, said a dealer.

At 9.07 am, the ringgit was quoted at 4.3400/3470 against the greenback from 4.3250/3330 on Wednesday.

The ringgit was also traded mostly lower against other major currencies.

It fell against the yen at 3.6094/6162 from Wednesday’s 3.5907/5988 and eased against the British pound at 6.6658/6787 from 6.6406/6546 yesterday.

It depreciated against the euro at 4.8747/8839 from yesterday’s 4.8410/8508.

The local unit, however, was higher against the Singapore dollar at 3.0503/0574 from 3.0522/0589 on Wednesday. – BERNAMA

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