Ringgit opens lower against most major currencies

 Publish date: Thu, 9 Aug 2018, 10:01 AM

KUALA LUMPUR: The ringgit was lower against the US dollar this morning as declining global oil prices hampered buying sentiment towards the local currency.

As of 9.08am, the ringgit stood at 4.0745/0775 from 4.0740/0770 recorded at yesterday’s close.

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

It depreciated against the Singapore dollar to 2.9876/9913 from 2.9870/9897; declined against the yen to 3.6764/6801 from 3.6723/3756, and weakened against the euro to 4.7293/7340 from 4.7242/7293.

However, the local note rose versus the British pound to 5.2443/2498 from 5.2567/5614 on Wednesday.





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