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Ringgit closes lower against US dollar

Published: 2013/03/04
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The ringgit closed lower against the US dollar today in line with the strengthening of the greenback lifted by positive US manufacturing data and weak global economic outlook, dealers said.

The US dollar is seen as a safe haven currency in times of economic crisis.

The ringgit was quoted at 3.1055/1085 from 3.0950/0980 previously.

Against the Singapore dollar, the ringgit was higher at 2.4908/4936 from 2.5010/5042 previously and rose against the yen at 3.3175/3214 from 3.3402/3441 last Friday.


The ringgit gained against the euro at 4.0399/0442 from 4.0470/0519 on Friday and higher against the British pound at 4.6704/6758 from 4.6951/7009 previously.-- Bernama









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