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Ringgit opens lower against US dollar

KUALA LUMPUR: The ringgit opened lower against the USdollar this morning as demand shifted to the greenback, a dealer said.

At 9.09am, the domestic currency was quoted at 3.3640/3670 versus 3.3450/3480 at 5pm on Thursday.

However, the ringgit was traded lower against other major currencies.

It eased against the Singapore dollar to 2.5817/5860 from 2.5764/5805 onThursday and increased against the yen to 2.8451/8478 from 2.8468/8506 yesterday.

The local currency weakened against the British pound to 5.2848/2919 from 5.2771/2835 previously and slid against the euro to 4.1882/1926 from 4.1766/1806 on Thursday.-- Bernama

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