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Ringgit lower against US$ on reduced demand, global growth slowdown


  • Forex
  • Friday, 21 Dec 2018

The dealer said growing concerns among investors over global economic slowdown boosted demand for the greenback.  "These factors have weighed down the ringgit's performance," he added.

The dealer said growing concerns among investors over global economic slowdown boosted demand for the greenback. "These factors have weighed down the ringgit's performance," he added.

KUALA LUMPUR: The ringgit was slightly lower against the US dollar early Friday on reduced demand for the local note, a dealer said.

At 9.10 am (0110 gmt), the ringgit was traded at 4.1780/1810 versus the greenback from 4.1760/1800 at Thursday's closing.

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