Ringgit opens lower against greenback on cautious sentiment
KUALA LUMPUR: The ringgit opened lower against the US dollar today, as investors remain cautious about the outlook for the Federal Reserve (Fed) rate cuts in the near term, said an analyst.
At 8 am, the local currency depreciated to 4.700/4800 against the greenback, compared with Wednesday’s close of 4.4685/4740.
……Read full article on The Star Online - Business
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