The ringgit fell against the US dollar today, amid losses among other emerging Asian currencies, dealers said.
A dealer said the decline in the local unit, together with other emerging Asian currencies, was due to worries over China's slowing economy and the anticipation about the US Federal Reserve's (Fed) further cut in its stimulus programme to US$65 billion from the current US$75 billion.
"The Fed is expected to announce the latest tapering programme at its two-day policy meeting scheduled on January 28," he said.
At 5pm, the ringgit was quoted at 3.3310/3340 versus the greenback from Thursday's 3.3300/3330.
The ringgit was also traded in a lower trend against other major currencies.
The local unit depreciated against the Singapore dollar to 2.6040/6082 from 2.5969/6000 yesterday and eased against the yen to 3.2327/2369 from 3.1903/1944.
The ringgit fell against the British pound to 5.5378/5441 from 5.5321/5384 on Thursday and weakened against the euro to 4.5531/5579 from 4.5395/5442 yesterday.-- Bernama
