Ringgit stays lower against US dollar ahead of Fed rate decision


KUALA LUMPUR: The ringgit continued its downtrend today to end lower against the greenback for the third consecutive day ahead of a decision on US interest rates tomorrow and as Japan made its first rate hike in 17 years, an analyst said.

At 6 pm, the ringgit fell to 4.7350/7390 against the greenback from yesterday’s close of 4.7165/7195.

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