At 6pm, the ringgit stood at 4.0580/0630 versus the greenback from 4.0530/0580 recorded on Wednesday.
Investors remained on the sidelines after the meeting of leaders of two economies superpowers, US President Donald Trump and European Commission President Jean-Claude Juncker.
“They are trying to digest the outcome of the meeting,” the dealer said.
Following the meeting, both leaders agreed to cooperate towards zero tariffs, zero non-tariff barriers and zero subsidies on non-auto industrial goods.
“We foresee the ringgit declining further as a a result of this,” the dealer added.
At close’s today, the local note fell against Singapore dollar to 2.9812/9862 from 2.9766/9810 and weakened to 3.6625/6673 from 3.6464/6513 versus the yen.
Vis-a-vis the British pound, the ringgit depreciated to 5.3521/3591 from 5.3337/3407 and was lower at 4.7531/7606 from 4.7428/7503 when compared with the euro. — Bernama
Source: The Malay Mail Online