Forex

Ringgit closes lower amid US Fed leadership speculations

KUALA LUMPUR: The ringgit closed lower against the US dollar on the last trading day of the week, pressured by renewed demand for the greenback amid speculations surrounding the future leadership of the United States Federal Reserve (Fed).

At 6 pm, the ringgit depreciated to 3.9440/9500 versus the US dollar from 3.9275/9315 at Thursday’s close. 

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Ringgit , US dollar , currencies , Asean , Mohd Afzanizam Abdul Rashid , Federal Reserve

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