Ringgit traded lower against US dollar

The ringgit opened lower against the US dollar today on profit-taking after benefiting from the greenback at Friday's close,
dealers said.

At 9am, the ringgit was quoted at 3.2270/2300 to a US dollar from Friday's closing at 3.2215/2245.

The ringgit was also traded lower against other major currencies.

The local unit fell against the Singapore dollar to 2.5711/5739 from 2.5678/5703 on Friday and weakened against the yen to 3.1492/1537 from 3.1469/1514 last week.

The domestic currency depreciated against the British pound to 5.2958/3020 from 5.2604/2663 on Friday and declined against the euro to 4.3855/3902 from 4.3832/3885 last week.-