KUALA LUMPUR: The ringgit was imperceptibly lower against the greenback Wednesday, on the back of weaker raw petroleum costs in early exchange, said merchants.
At 9 am(0100gmt), the nearby unit slid to 4.4780/4820 against the US dollar from 4.4760/4810 Tuesday.
A merchant said the benchmark Brent Crude oil cost had a slight descending direction at US$55.93 per barrel, while West Texas Intermediate was lower at US$53.76 per barrel.
On the ebb and flow condition of unrefined petroleum costs, RHB Research said in a note brokers were provoked to keep up long positions, as market quality stayed empowering.
The ringgit exchanged blended against other real monetary standards.
It deteriorated against the Singapore dollar to 3.0904/0949 from Monday's 3.0895/0946, fortified against the yen to 3.8062/8112 from 3.8168/8214 and declined against the British pound to 5.5017/5079 from 5.4921/4995.
Nonetheless, the neighborhood note trimmed versus the euro to 4.6853/6900 from 4.6770/6831.
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