KUALA LUMPUR: The ringgit opened lower against the US dollar today on rising US bond yields following Federal Reserve (Fed) chairman Jerome Powell’s hawkish statement on the US monetary policy, said an analyst.
At 9.03 am, the ringgit fell to 4.7220/7275 versus the greenback from Thursday’s closing rate of 4.6895/6965.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
