KUALA LUMPUR: The ringgit opened slightly higher against the US dollar despite better sentiment for the greenback following the latest announcement by the US Federal Reserve (Fed) that it would taper its asset purchase programme.
This confirms that Fed has become more sanguine on the economic outlook, said Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
