Ringgit closes lower against US dollar
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