KUALA LUMPUR: The ringgit extended its decline against the US dollar today in line with other Asian currencies.

At 6pm, the local unit was quoted at 3.9700/9740 from 3.9670/9710 recorded at Thursday's close.

OANDA Head of Trading in Asia-Pacific Stephen Innes said the ringgit's performance was however cushioned by an increase in oil prices, with the benchmark Brent crude trading at 0.48 per cent higher, at US$79.68 per barrel.

Meanwhile, the local note traded higher against a basket of other major currencies.

It rose against the Singapore dollar to 2.9523/9557 from 2.9558/9599, and increased versus the yen to 3.5769/5815 from 3.5836/5878 on Thursday.

The local note appreciated against the British pound to 5.3516/3577 from 5.3543/3612, and improved against the euro to 4.6751/6806 from 4.6815/6878. - BERNAMA