KUALA LUMPUR: The ringgit shut lower against the US dollar today as financial specialists stayed mindful anticipating the result of the three-day Organization of the Petroleum Exporting Countries (OPEC) meeting in Algiers that started on Monday.
At 9.02 am, the ringgit was cited at 4.1400/1450 against the greenback from 4.1260/1320 on Monday.
A merchant said speculators stayed incredulous over OPEC's eagerness to coordinate and facilitate a supply overabundance, in spite of Brent raw petroleum costs edging up 3.2 for every penny to US$47.35 a barrel on Monday.
In the interim, the neighborhood note additionally exchanged lower against a wicker container of real monetary forms.
It fell against the British pound to 5.3625/3711 from Monday's end of 5.3349/3452 and went down against the yen to 4.1268/1338 from 4.1047/1110.
The ringgit likewise facilitated against the Singapore dollar to 3.0408/0451 from 3.0298/0347 while debilitating against the euro to 4.6546/6611 from 4.6368/6452 on Monday.
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