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IBT:Ringgit closes lower against US dollar
 
The ringgit closed lower against the US dollar today on profit-taking after closing higher on Monday, dealers said.

At 5pm, the ringgit was quoted at 3.2145/2175 to the dollar from 3.2080/2100 yesterday.

A dealer said most investors had turned to safe haven currencies on positive news, among them good US factory data and the rising British manufacturing data, the strongest pace in almost three years.

Meanwhile, in the eurozone, a survey showed factory activities accelerated at their fastest pace in over two years last month, although the overall strength was undercut by a downturn in Spain and France.

The local unit firmed against the yen at 3.1175/1211 from 3.1246/1271 yesterday.

It fell against the Singapore dollar to 2.5595/5629 from 2.5578/5604 on Monday, weakened against the British pound to 5.2670/2732 from 5.2611/2657 yesterday and eased against the euro to 4.3611/3661 from 4.3594/3627.-- Bernama


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