Ringgit opens slightly lower against US$, rises vs other major currencies

KUALA LUMPUR: The ringgit opened slightly lower against the greenback on a lack of buying interest despite a 50 basis points US interest rate cut decision by the US Federal Reserve (Fed).

At 8.05 am, the local note eased to 4.2430/2600 versus the greenback from Wednesday’s close of 4.2410/2460.