Ringgit opens lower on hawkish Fed comments on 2023 rate hikes


KUALA LUMPUR: The ringgit opened slightly lower against the US dollar this morning following hawkish comments from the United States (US) Federal Reserve (Fed) officials on raising the US interest rate by early 2023.

At 9 am, the local currency eased to 4.6465/6495 against the greenback from Thursday’s close of 4.6345/6390.

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