Ringgit opens easier against US$ ahead of OPR results


KUALA LUMPUR: The ringgit opened easier against the US dollar on Wednesday as most investors await the first Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) meeting of the year, after which they will announce the new Overnight Policy Rate (OPR).

At 9:05 am, the ringgit was marginally lower to 4.7270/7335 against the greenback compared to Tuesday's closing of 4.7265/7290.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Ringgit , US dollar , BNM , MPC , OPR , Stephen Innes

Next In Business News

Sentral REIT appoints Tay Hui Ling as CEO
Mega First to acquire 12.5% stake in Stenta Films for RM33.10mil
DXN inks MoU with Apex-Brasil to explore Brazil, eyes US$50mil investments
F&N to focus on innovation, diversification and transformation
Mulpha International invests US$20mil in Hong Kong's Sun Hung Kai bond programme
Ringgit breaches 4.04 level against US dollar after OPR maintained at 2.75%
Capital A’s Teleport to raise US$50mil via perpetual securities
Apex Healthcare to be delisted on Jan 27
Prudential to raise stake in Malaysia life insurer holding firm to 70% for US$377mil
BWYS shareholders approve RM67mil property disposal, RM94.5mil land acquisition

Others Also Read