Ringgit slides ahead of US Fed meeting

  • Forex
  • Wednesday, 13 Jun 2018

KUALA LUMPUR: The ringgit opened lower against the US dollar for the third day running with traders expected to remain defensive throughout today's session as the market awaits the outcome of the Federal Open Market Committee (FOMC) meeting today.

The FOMC is expected to announce its decision on the US interest rate today after its two-day meeting ended on Wednesday.