KUALA LUMPUR: The ringgit closed easier against the US dollar today on lack of buying interest as investors remained wary of commodity currencies amid weak crude oil prices. A dealer said the slide in crude oil prices, which have dropped about 20 per cent since early this year, has weighed on commodity currencies, including the ringgit. "The weak crude oil performance has sent investors to safe haven assets," he said. At the close, the ringgit was traded mostly lower against other major currencies. It eased against the Singapore dollar to 3.0912/0944 from 3.0844/0870 on Thursday, and fell against the British pound to 5.4537/4584 from 5.4246/4292 yesterday.

Source: New Strait Times June 23, 2017 10:52 UTC