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Ringgit closes lower against US dollar

Published: 2013/03/06
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The ringgit closed lower against the US dollar on selling pressure after yesterday's advances, dealers said.

The ringgit was quoted at 3.1050/1070 to a US dollar against 3.1001/1020 yesterday.

Dealers said investors were cautious as the 13th general election is expected to be held soon.

The local currency was lower against the Singapore dollar at 2.4944/4962 from 2.4902/4924 yesterday and was higher against the yen at 3.3230/3269 from 3.3299/3333 on Tuesday.


The ringgit rose against the British sterling to 4.6895/6934 from
4.6951/6992 on Tuesday, but fell against the euro to 4.0533/0568 from 4.0525/0559 yesterday.-- Bernama









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