KUALA LUMPUR: The ringgit ended lower against the US dollar today despite weaker US economic data last night, which showed its manufacturing sector contracting for a third straight month, said an analyst.
The Institute for Supply Management’s Purchasing Managers’ Index for the US slipped to 48.5 points in June from 48.7 points in May, the third consecutive month below the 50-point demarcation line.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: