Ringgit closes lower against US dollar
The ringgit closed lower against the US dollar despite the government's announcement on tackling the fiscal deficit to
help boost the local currency, dealers said.
The local note declined against the greenback to 3.1440/1430 from 3.1335/1365 on Monday.
It closed lower versus the Singapore dollar at 2.5357/5389 from yesterday's close of 2.5342/5370, and depreciated against the yen to 3.2191/2228 from 3.2092/2133 previously.
However, the local note appreciated against the British pound to 5.0519/0580 from 5.0772/0836 and strengthened against the euro to 4.3241/3285 from 4.3271/3315 on Monday.-- Bernama