KUALA LUMPUR: The ringgit continued its slide against the US dollar at the close today as the greenback stayed strong after the US Federal Open Market Committee (FOMC) minutes indicated that it remained committed to raising interest rates in order to bring down inflation.
Asian currencies were also moving in a tight range on Thursday, ahead of the upcoming US consumer price index (CPI) for September that is expected to show inflation staying close to 40-year highs, an analyst said.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
