The local note, however, traded higher against a basket of major currencies.
KUALA LUMPUR: The ringgit closed weaker against the US dollar today but traded better against major currencies, as traders and investors are observing the US tariff situation, an analyst said. At 6pm, the local note depreciated to 4.2310/4.2400 against the greenback from last Friday's close of 4.2180/4.2260.
208 points . It seems to be risk-off mode at the moment,' Afzanizam told Bernama. At the close, the ringgit traded higher against a basket of major currencies. It rose against the euro to 4.9647/4.9752 from 4.9675/4.9770 on Friday, appreciated against the Japanese yen to 2.9091/2.9155 from 2.9225/2.9282, and advanced slightly versus the British pound to 5.7563/5.7685 from 5.7601/5.7710 previously. The local note traded mostly higher against its Asean counterparts.
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