Ringgit weakens past 4.0800 against US dollar

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KUALA LUMPUR (Aug 7): The ringgit was lower against the US dollar in the morning session on lack of buying interest, said a dealer.

At 9.18 am, the local unit stood at 4.0800/0850 against the greenback from 4.0770/0820 on Monday.

Against other major currencies, the ringgit traded mixed.

It appreciated against the Singapore dollar to 2.9811/9859 from Monday’s 2.9840/9887 and was higher against the British pound at 5.2803/2888 from 5.2854/5935.

The ringgit eased against the euro to 4.7165/7239 from 4.7134/7208 and fell against the yen to 3.6654/6709 from 3.6631/6679.