KUALA LUMPUR: The ringgit closed easier against the US dollar on lack of buying interest, said dealers.
The local note was quoted at 3.1880/1910 against the greenback from 3.1810/1840 last Friday.
A dealer said the weaker ringgit was also in tandem with the bearish performance in most Asian currencies in the absence of little progress being made on the United States budget standoff.
The ringgit depreciated against the Singapore dollar to 2.5518/5544 from last Friday's 2.5509/5535 and fell against the yen to 3.2883/2931 from 3.2720/2761 previously.
It ended slightly lower against the British pound at 5.1234/1286 from 5.1233/1294 last Friday and declined against the euro to 4.3312/3362 from 4.3300/3344 previously.INTERBANK RATESKUALA LUMPUR:
Short-term interbank rates closed stable yesterday on Bank Negara's intervention to absorb excess liquidity from the financial system through various instruments.
The liquidity surplus in the conventional system fell to RM22.22 billion from RM27.94 billion estimated in the morning while in the Islamic system, it dwindled to RM4.97 billion from RM10.88 billion.
The bank also called for five money market tenders, a repo tender, an Al-Wadiah tender and a Commodity Murabahah Programme.
The central bank also called for a RM21.9 billion conventional money market tender and a RM5 billion Al-Wadiah tender, both for one-day money.
The overnight rate stood at 2.92 per cent while the one-week, two-week and three-week rates stood at 2.97 per cent, 3.02 per cent and 3.04 per cent, respectively.KLIBORKUALA LUMPUR:
The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contracts closed untraded yesterday.
Spot month October 2013, November 2013 and December 2013 were pegged at 96.79, respectively, while March 2014 stood at 96.77.
At the 11 am fixing, the underlying three-month KLIBOR stood at 3.21 per cent. - Bernama