KUALA LUMPUR: The ringgit finished the week lower against the US dollar today on selling pressure ahead of the weekend, dealers said.
At 5 pm, the ringgit was quoted at 3.2340/2370 to the US dollar compared to 3.2280/2310 at yesterday's close.
They said the decline in risk taking on renewed concerns that the US Federal Reserve may start tapering its stimulus plan soon caused the local unit to remain under pressure.
In contrast, the greenback firmed on the global market on the back of an upbeat US retail sales report.
Meanwhile, the ringgit was little changed against the Singapore dollar at 2.5753/5797 from 2.5758/5784 yesterday, but emerged firmer against the yen at 3.1222/1263 from 3.1355/1399 on Thursday.
The domestic currency was traded slightly higher against the British pound at 5.2863/2918 from 5.2939/2001 on Thursday, while changing little against the euro at 4.4497/4544 from 4.4488/4536 yesterday.
At 5 pm, the ringgit was quoted at 3.2340/2370 to the US dollar compared to 3.2280/2310 at yesterday's close.
They said the decline in risk taking on renewed concerns that the US Federal Reserve may start tapering its stimulus plan soon caused the local unit to remain under pressure.
In contrast, the greenback firmed on the global market on the back of an upbeat US retail sales report.
Meanwhile, the ringgit was little changed against the Singapore dollar at 2.5753/5797 from 2.5758/5784 yesterday, but emerged firmer against the yen at 3.1222/1263 from 3.1355/1399 on Thursday.
The domestic currency was traded slightly higher against the British pound at 5.2863/2918 from 5.2939/2001 on Thursday, while changing little against the euro at 4.4497/4544 from 4.4488/4536 yesterday.
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