KUALA LUMPUR: The ringgit was slightly lower against the US dollar early wednesday, on weaker demand for the local note. As at 9.15 am(0115 gmt), the local unit stood at 4.0840/0890 against the greenback from 4.0830/0860 at the close on Tuesday. A dealer said some investors decided to accumulate the US dollar amid a weaker greenback on gloomy growth prospects. It depreciated against the Singapore dollar to 3.0412/0456 from 3.0366/0402 Tuesday and fell against the yen to 3.6046/6100 from 3.6031/6067. The ringgit declined against the euro to 4.8440/8512 from 4.8420/8472 and was lower against the British pound to 5.4611/4690 from 5.4561/4605.
Source: The Star December 27, 2017 02:26 UTC