Ringgit slips against US dollar

KUALA LUMPUR: The ringgit closed slightly lower against the US dollar on lack of fresh buying interest, said a dealer.
At 6pm, the local unit was quoted at 3.9800/9850 from last Friday's 3.9790/9830.
A dealer said the ringgit would be heavily influenced by external factors in the absence of economic data this week.
"Investors remain focused on the country's debt situation but expect external factors to drive momentum for emerging market currencies," the dealer added.
Meanwhile, the local unit was mostly higher against a basket of currencies.
The ringgit strengthened against the British pound to 5.3037/3116 from 5.3128/3197 on Friday and increased against the euro to 4.6435/6505 from 4.6606/6665, previously.
It was better against the Singapore dollar at 2.9690/9739 from Friday's 2.9721/9753 but eased against the yen to 3.6370/6419 from 3.6348/6391. — Bernama