Kuala Lumpur: The ringgit opened lower against the US dollar today due to the lack of buying interest, as cautious sentiments surrounding the Bank of Japan’s monetary policy decision continued to prevail.
On that note, the ringgit is expected to remain soft in light of the cautious trading mode, he added. At 9.15am, the ringgit depreciated to 4.7225/4.7265 against the greenback from Monday’s close of 4.7165/4.7195.It decreased vis-a-vis the Japanese yen to 3.1631/3.1660 from 3.1608/3.1630 on Monday, fell against the British pound to 6.0070/6.0121 from 6.0060/6.0098 but rose versus the euro to 5.1338/5.1382 from 5.1400/5.1433 previously.It weakened against the Thai baht to 13.1104/13.1262 from 13.1050/13.1203 at Monday’s close and slipped against the Indonesian rupiah to 300.9/301.3 from 300.