KUALA LUMPUR: The ringgit was slightly lower at close today on profit-taking ahead of the weekend, a dealer said.
At 6pm, the local unit stood at 4.2795/2835 against the US dollar, compared with Thursday's close of 4.2760/2790.
The dealer said market participants booked their profits following gains recorded by Asian currencies after the US Federal Reserve kept its interest rate unchanged at its policy meeting this week.
“It seems like higher oil prices could not lift the local note in today's trading,” the dealer said.
Against a basket of other major currencies, the ringgit was traded lower. It fell against the Singapore dollar to 3.1481/1522 from 3.1471/1514 on Thursday, and depreciated versus the yen to 3.8461/8514 from 3.8377/8418. It declined against the euro to 5.0130/0185 from 5.0106/0154 yesterday, but rose against the British pound to 5.5989/5045 from 5.6187/6239 previously. -- BERNAMA