May 16: Ringgit closes lower against US dollar

May 16, 2018 | By | Reply More

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KUALA LUMPUR: The ringgit closed lower against the US dollar today, in line with other Asian currencies.

At 6pm, the local note was quoted at 3.9650/9700 against the US dollar, from yesterday’s close of 3.9540/9580.

Meanwhile, the ringgit traded mostly higher against a basket of other major currencies.

It rose against the Singapore dollar to 2.9530/9569 from 2.9578/9617; appreciated vis-a-vis the British pound to 5.3416/3500 from 5.3565/3635; and increased against the euro to 4.6811/6886 from 4.7155/7211.

However, it fell against the yen to 3.5993/6042 from 3.5972/6081 yesterday. — BERNAMA

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