Ringgit ends lower as hopes for trade deal dim

At 6pm, the ringgit depreciated to 4.2245/2305 versus the greenback.

KUALA LUMPUR: The ringgit closed lower against the US dollar yesterday, as fading hopes of a trade deal ahead of the upcoming US tariff deadline weighed on investor sentiment.

At 6pm, the local note depreciated to 4.2245/2305 versus the greenback from Tuesday’s close of 4.1995/2005.