Ringgit closes lower against US dollar

Publish date: Wed, 30 Apr 2014, 06:43 PM
KUALA LUMPUR: The ringgit closed lower against the US dollar today on cautious sentiment ahead of the outcome of the two-day US Federal Reserve policy meeting which ends today, dealers said.
At 5pm, the local note was quoted at 3.2645/2665 against the greenback from Tuesday's 3.2570/2600.
A dealer said the trading mood was also cautious due to the impending release of the US jobs and China's April manufacturing data on Friday.
The ringgit was also lower against a basket of major currencies.
It depreciated against the Singapore dollar to 2.5983/5015 from 2.5917/5943 on Tuesday but appreciated against the euro to 4.5031/5071 from 4.5161/4213 previously.
Against the British pound, the domestic currency was sharply lower at 5.4873/4923 from 5.4714/4774, while easing against the yen to 3.1846/1871 from
3.1718/1754.
The local market will be closed tomorrow for the Labour Day holiday and resume trading on Friday.-- Bernama
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fortunebullz

Ringgit low again! No wonder all the furniture flying! But today market no volume! Better zzzzzz!

2014-05-02 13:41

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