Ringgit Hits RM3.50 To US Dollar

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KUALA LUMPUR, Dec 30 – The ringgit extended yesterday losses to open lower against the US dollar this morning on continued selling, a dealer said. As at 9.25am, the ringgit was quoted at 3.5000/5030 against the greenback from 3.4960/4980 yesterday. The ringgit traded mixed against other major currencies.

It depreciated against the yen to 2.9036/9066 from 2.9027/9053 yesterday, but strengthened against the pound to 5.4036/4367 from 5.4422/4474. The ringgit fell against the Singapore dollar to 2.6437/6466 from yesterday’s 2.6423/6442, but appreciated against the euro to 4.2534/2586 from 4.2581/2613.

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