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Ringgit ends lower versus US dollar

KUALA LUMPUR: The ringgit closed lower against the US dollar today in tandem with most emerging Asian currencies.

At 5pm, the ringgit was quoted at 3.1650/1670 against the greenback from 3.1560/1580 on Tuesday.

A dealer said investors shifted their interest to the US dollar on solid US housing data, pushing the greenback to an 11-month high.

Meanwhile, the ringgit rose against the yen at 3.0642/0667 from yesterday's 3.0751/0783 and advanced against the euro at 4.2069/2108 from 4.2142/2178.

Against the British pound, it fell to 5.2697/2746 from 5.2532/2574 on Tuesday and was almost flat against the Singapore dollar at 2.5352/5387 from 2.5353/5388.-- Bernama

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