Ringgit ends lower as demand for greenback strengthens

KUALA LUMPUR: The ringgit continued to close lower against the US dollar on bullish demand for the greenback amidst expectations that the United States (US) Federal Reserve (Fed) would keep its interest rate at the current level, analysts said.

At 6 pm, the local note slid to 4.6825/6850 against the greenback from Wednesday’s close of 4.6785/6835.