Ringgit opens higher against US$ in anticipation of US FOMC decision

KUALA LUMPUR: The ringgit opened marginally higher against the US dollar today, as the market remains tentative in anticipation of the interest rate decision on the greenback.

The United States Federal Reserve (US Fed) is expected to deliberate on its monetary policy and make a decision on interest rates later today after its first Federal Open Market Committee (FOMC) meeting for this year.