KUALA LUMPUR: The ringgit closed weaker against the US dollar as the greenback stayed resilient, increasing its appeal as a safe-haven currency on escalating geopolitical tensions, the Federal Reserve's hawkish remark as well as positive US economic data, an economist said.
At 6 pm, the ringgit fell to 4.7460/7520 against the greenback from last Friday's closing rate of 4.7155/7185.
