Nov 13: Ringgit opens lower against US dollar

 Publish date: Mon, 13 Nov 2017, 10:33 AM

KUALA LUMPUR: The ringgit opened lower against the US dollar on lack of interest, said a dealer.

At 9.15 am, the local unit stood at 4.1960/1990 against the greenback from Friday's close of 4.1900/1930.

A dealer said the US dollar strengthened against a basket of currencies as investors remained focused on a planned US tax reform.

The ringgit, however, was traded mixed against a basket of major currencies.

It fell against the Singapore dollar to 3.0812/0857 from 3.0804/0835 on Friday but appreciated against the Japanese yen to 3.6933/6970 from 3.6952/6988, previously.

The local unit eased against the euro to 4.8883/8923 from 4.8855/8899 but rose against the British pound to 5.5043/5095 from Friday's 5.5099/5155.


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