The ringgit opened lower against the US dollar today as market participants took a cautious stance ahead of the US Federal Open Market Committee’s (FOMC) upcoming decision on interest rate cuts.
At 8:13 AM, the local currency was trading at 4.2610/4.2785, down from Tuesday’s close of 4.2535/4.2645.
A premier business media platform delivering timely news, insights,
and analysis on the economy, leadership, innovation, and policy.
Trusted by decision-makers and entrepreneurs, with content across digital, print, and events.
Reach Publishing Sdn Bhd 15-3, Block F1, Jalan PJU 1/42,
Dataran Prima, 47301, Petaling Jaya, Selangor
Learn more about Depositphotos
