May 21: Ringgit continues slide against US dollar

May 21, 2018 | By | Reply More

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KUALA LUMPUR: The ringgit closed lower against the US dollar today on lack of demand.

At 6pm, the local unit was quoted at 3.9780/9820 from 3.9700/9740 recorded at Friday’s close.

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

It fell against the Singapore dollar to 2.9570/9606 from 2.9523/9557, but improved versus the yen to 3.5744/5790 from 3.5769/5815 on Friday.

The local note appreciated against the British pound to 5.3329/3399 from 5.3516/3577, and gained against the euro to 4.6722/6785 from 4.6751/6806. — BERNAMA

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