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Ringgit opens at 4.1040/1080 against the greenback

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by June 13, 2016 General

The local note was lower against a basket of major currencies. — File picThe local note was lower against a basket of major currencies. — File picKUALA LUMPUR, June 13  — The ringgit was traded lower against the US dollar on lack of buying appetite, said a dealer.

At 9.10am, the local unit was quoted at 4.1040/1080 against the US dollar from 4.0700/0760.

The downtrend in the local bourse also weighed on the local currency, dealers said.

The local note was lower against a basket of major currencies.

It fell against the Singapore dollar to 3.0121/0168 from 3.0004/0059  on Friday, weakened against the yen to 3.8550/8605 from 3.8030/8104 and depreciated against the euro to 4.6137/6199 from 4.5987/6071 previously.

The ringgit slipped vis-a-vis the British pound to 6.8310/8375 from 5.8767/8862 on Friday. — Bernama

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