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Ringgit eases against US$

KUALA LUMPUR: The ringgit eased further against the US dollar yesterday with most players remaining on the sidelines to avoid taking long positions as they await the outcome of the US Federal Reserve meeting next week.

At the close, the ringgit was quoted at 3.2780/2800 against the greenback compared with 3.2730/2760 on Thursday.

The local unit was mostly higher against other major currencies.

It was higher against the Singapore dollar at 2.5678/5715 from Thursday’s 2.5695/5739 and was firmer against the yen to 3.0299/0331 from 3.0435/0466 previously.

However, the ringgit eased against the British pound at 5.2655/2693 from 5.2391/2445 on Thursday and depreciated against the euro to 4.1483/2518 from 4.1436/2481. Bernama

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