Australian dollar banknotes of various denominations are arranged for a photograph in Sydney, Australia, on Thursday, July 24, 2015. The Australian dollar slumped last week as a gauge of Chinese manufacturing unexpectedly contracted, aggravating the impact of declines in copper and iron ore prices. Photographer: Brendon Thorne/Bloomberg
KUALA LUMPUR: The ringgit opened lower against the US dollar in early session today as the greenback soared after the policymaking Federal Open Market Committee (FOMC) slashed interest rate by 25 basis points.
At 9.00am, the ringgit stood at 4.1440/1470 from Wednesday's 4.1250/1280.
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