Ringgit pares gains against US$ on profit-taking
KUALA LUMPUR: The ringgit pared last week’s gains to close lower against the US dollar today due to profit-taking, an analyst said. At 6 pm, the ringgit slid to 4.4500/4580 versus the greenback from Friday's close of 4.4200/4280. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the local note is currently in an...