Ringgit ends lower against greenback on weaker yuan

At 6pm, the ringgit decreased to 4.6610/6660 against the greenback from Monday’s close of 4.6550/6600.

PETALING JAYA: The ringgit ended lower against the US dollar yesterday following the weakening in the Chinese yuan after ratings agency Moody’s cut its outlook on China’s government credit ratings to negative.

At 6pm, the ringgit decreased to 4.6610/6660 against the greenback from Monday’s close of 4.6550/6600.