KUALA LUMPUR: The ringgit ended lower against the US dollar yesterday in line with most other emerging currencies on growing concerns over the political tension in Greece, dealers said.
At 5pm, the ringgit was quoted at 3.4970/5000 against the greenback compared to 3.4960/4980 on Monday.
A dealer said China’s yuan, howeve, rose after the government announced that it would ease restrictions on currency trading by banks from January 1.
The ringgit was traded mixed against other major currencies.
It depreciated against the yen to 2.9256/9289 from 2.9027/9053 on Monday but strengthened against the pound to 5.4340/4397 from 5.4422/4474.
The local unit fell against the Singapore dollar to 2.6432/6475 from Monday’s 2.6423/6442 but went up against the euro to 4.2572/2613 from 4.2581/2613 previously. Bernama