The ringgit closed lower against the US dollar today amid sentiment dampened by the weak risk appetite among investors,
dealers said.
At close, the local currency fell against the greenback to 3.1830/1860 from 3.1800/1815 on Wednesday.
A dealer said the ringgit's decline was also attributed to expectations among investors that the US Federal Reserve may begin scaling back its US$85 billion-a-month bond-buying programme.
"Tomorrow, the US government will announce the non-farm payrolls data, which may provide an insight into when the Fed might begin winding down the programme," the dealer said.
Meanwhile, the ringgit traded lower against other major currencies.
The local note declined against the Singapore dollar to 2.5624/5650 from 2.5586/5604 previously, but strengthened versus the yen to 3.2236/2273 from 3.2261/2283 on Wednesday.
Against the British pound, the ringgit declined to 5.1170/1231 from 5.1160/1197 and dropped to 4.3047/3091 from 4.2949/2976 against the Euro.-- Bernama
