Ringgit lower against greenback in early trade

KUALA LUMPUR: The ringgit opened lower against the US dollar today on a lack of catalysts, said a dealer.

At 9.45am, the ringgit was quoted at 4.0460/0510 against the greenback from 4.0430/0480 on Monday.

The local currency also traded mostly lower against a basket of major currencies.

The ringgit was almost flat against the British pound to 5.2954/3036 from 5.2959/2049, but declined against the euro to 4.5210/5270 from 4.5209/5281.

The local unit fell against the Singapore dollar to 2.9737/9780 from 2.9704/9749 and depreciated against the yen to 3.9605/9665 from 3.9579/9640. — Bernama