Ringgit ends marginally lower versus greenback

by BERNAMA

The ringgit close marginally lower against the US dollar today on the back of rising US Treasury yields, dealers said.

At 6 pm, the local note finished at 3.9540/9570 against the greenback from 3.9520/9560 on Wednesday.

Oanda Corp Head of Trading for Asia Pacific, Stephen Innes, said the ringgit was initially traded higher, however, the US Treasury yields rose and triggered a stronger US dollar momentum and some short covering in early trade.