Ringgit eases against US dollar

KUALA LUMPUR: The ringgit eased against the US dollar in early trading today as investors turned cautious on the local note over fears of a second wave of Covid-19, fuelling demand for safe-haven currencies such as the greenback.

As at 9.18am, the ringgit was quoted at 4.2770/2830 against the US dollar, from 4.2750/2810 at the close yesterday.

Meanwhile, the ringgit traded mixed against major benchmark currencies.

It fell against the Singapore dollar to 3.0745/0800 from 3.0716/0763, and decreased against the yen to 3.9894/9961 from 3.9875/9942 at the close yesterday.

The local note was higher against the British pound at 5.3116/3195 from 5.3177/3268, and rose against the euro to 4.7971/8042 from 4.7991/8067 previously. – BERNAMA

Source: NST