Ringgit ends lower

SPI Asset Management's Innes said the yuan was markedly weaker, and that was dragging the ringgit lower

KUALA LUMPUR: The ringgit ended lower against the dollar yesterday after Caixin China General Services purchasing managers’ index (PMI) missed expectations by a wide margin, which weighed on local risk markets, says an analyst.

SPI Asset Management managing partner Stephen Innes said the yuan was markedly weaker, and that was dragging the ringgit lower