Ringgit opens flat on caution after recent gains

KUALA LUMPUR: The ringgit opened flat against the US dollar on Thursday as investors turned a bit cautious after recent gains, despite growing speculation for a US interest rate cut.

At 8.05 am, the local note edged slightly down to 4.2045/2160 versus the US dollar from Wednesday’s close of 4.2040/2085.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Ringgit opening , Mohd Afzanizam Abdul Rashid , Fed , US interest rate

Next In Business News
Digital dreams, volatile reality
PETRONAS eases off the gas
MNRB aims for Asia’s top five
IPPs plug back in
On golden pawn
Krishnan Tan confirms full cooperation with MACC probe into IJM
Ringgit to trade in tight range between RM3.95 and RM3.96 next week
McDonald’s Malaysia to invest RM1bil over five years, open 100 restaurants
Nestle Malaysia and UPM launch Halal@STEM programme for students
The festive cash tsunami

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.