Forex

Ringgit slips at opening against greenback as US rate cut hopes fade

KUALA LUMPUR: The ringgit opened lower against the US dollar today as the greenback strengthened on waning hopes of an interest rate cut this month by the United States.

At 8 am, the ringgit dipped to 4.2480/2575 against the greenback, compared to Tuesday’s close of 4.2395/2440.

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Ringgit Opening , US dollar , Inflation , US DXY , Mohd Afzanizam Abdul Rashid

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