Highlights

May 21: Ringgit extends losses against US dollar

 Publish date: Mon, 21 May 2018, 10:28 AM

KUALA LUMPUR: The ringgit continued its losing streak to open lower against the US dollar this morning on lack of market demand.

As of 9am, the local unit was quoted at 3.9730/9780 from 3.9700/9740 recorded at Friday's close.

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

It fell against the Singapore dollar to 2.9559/9600 from 2.9523/9557, and declined versus the yen to 3.5773/5828 from 3.5769/5815 on Friday.

The local note appreciated against the British pound to 5.3469/3540 from 5.3516/3577, and improved against the euro to 4.6663/6738 from 4.6751/6806. - BERNAMA

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