Ringgit opens lower vs US$, stronger against other major currencies

KUALA LUMPUR: The ringgit continued to open lower against the US dollar today amid higher-than-expected US inflation data which suggested the Federal Reserve (Fed) might keep the interest rate steady at current level.

At 9 am, the ringgit weakened to 4.7820/7880 against the greenback compared to Tuesday's close of 4.7600/7665.

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Ringgit , US Dollar , US CPI , Federal Reserve , Mohd Afzanizam Abdul Rashid

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