Ringgit weakens against US dollar to 4.0590

Axi chief global market strategist Stephen Innes said today was a relatively quiet day as the market remained in holding pattern awaiting resolution on Brexit and greater understanding of the new mutant virus, which all weighed on local sentiment.

KUALA LUMPUR: The ringgit ended lower against the US dollar for the second consecutive day today due to lack of fresh catalysts, said an analyst.

At 6 pm, the ringgit slipped to 4.0590/0630 versus the greenback compared with 4.0490/0530 at Monday’s close.