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June 13: Ringgit slumps to lowest level in 5 months against US dollar

KUALA LUMPUR: The ringgit declined to its lowest level since Jan 22, 2018 at today's close.

At 6pm, the local unit was quoted at 3.9920/9960 against the greenback from Tuesday’s close of 3.9880/9910.

Meanwhile, the ringgit traded higher against a basket of other major currencies.

It advanced against the Singapore dollar to 2.9874/9908 from Tuesday's close of 2.9897/9931, and increased against the British pound to 5.3241/3311 versus 5.3415/3475.

The local unit improved vis-a-vis the Japanese yen to 3.6097/6140 from 3.6205/6242 on Tuesday, and climbed against the euro to 4.6922/6973 from 4.7038/7082. — BERNAMA

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