Ringgit lower against US dollar at the close

KUALA LUMPUR: The ringgit continued to depreciate against the US dollar for the fourth consecutive day as the sentiment was weighed down by the stronger greenback and the lack of domestic catalyst to lift the local currency, said an analyst.

At 6 pm, the local currency weakened versus the greenback to 4.4270/4285 from yesterday’s close of 4.4225/4260.