Ringgit Lower Against US Dollar In Early Trade

KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit was traded lower Friday against the US dollar, as the greenback rallied on expectations of a hike in US interest rates next month, dealers said. The local unit declined against the greenback to 4.4580/4700 from 4.4450/4550 Thursday. Meanwhile, the ringgit was lower against other major currencies but remained almost unchanged against the Singapore dollar. The local unit was almost flat against the Singapore dollar at 3.1090/1191 from 3.1093/1167. It strengthened against the yen to 3.9174/9283 from 3.9389/9481 Thursday. The ringgit was lower against the euro at 4.7023/7154 from 4.6966/6094 and weaker against the British pound at 5.5475/5643 from 5.5354/5500. -- BERNAMA