Ringgit ends lower against US dollar | Malay Mail

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KUALA LUMPUR, Aug 21 — The ringgit declined against the US dollar at close today on profit-taking after its recent gains, said an analyst. At 6pm, the local currency was pegged at 4.1780/1800 against the greenback from 4.1700/1750 on Wednesday’s close. The market was closed yesterday for Maal...

At 6pm, the local currency was pegged at 4.1780/1800 against the greenback from 4.1700/1750 on Wednesday’s close. — Reuters pic

At 6pm, the local currency was pegged at 4.1780/1800 against the greenback from 4.1700/1750 on Wednesday’s close.AxiCorp chief global market strategist Stephen Innes said after a strong week for the ringgit, local traders were on profit-taking mode due to the slightly stronger US dollar versus G10 currencies.

 

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