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KUALA LUMPUR, July 29 (Bernama) -- The ringgit was lower against the US dollar in early trade Wednesday as the bigger-than-expected drop in US consumer confidence boosted safe-haven demand for the greenback, dealers said.
At the opening, the ringgit was at 3.5125/5155 to a dollar compared with 3.5080/5130 yesterday.
Against the Singapore dollar, the ringgit rose to 2.4367/4411 from 2.4370/4428 yesterday and was lower against the Japanese yen at 3.7126/7166 from 3.6961/6026 previously.
The local currency was slightly higher against the British pound at 5.7791/7858 from 5.7924/7021 yesterday and increased against the euro to 4.9832/9885 from 5.0038/0120 previously.
-- BERNAMA | |
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