Ringgit Closes Lower Against US$

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KUALA LUMPUR, Nov 21 – The ringgit closed lower against the US dollar for the third consecutive days yesterday as demand for the Asian emerging currencies remained weak, dealers said. The domestic currency was quoted at 3.3660/3675 in contrast to the 3.3590/3610 recorded at Wednesday’s closing.

The ringgit was slightly lower against the Singapore dollar at 2.5843/5874 from 2.5785/5802 on Wednesday. It strengthened against the yen to 2.8374/8399 from 2.8604/8633 previously. The local currency depreciated against the British pound to 5.2675/2718 from 5.2410/2462 previously.  It appreciated against the euro to 4.2132/2158 from 4.2135/2167.

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