Ringgit opens lower vs greenback amid US interest rate cut


KUALA LUMPUR: The ringgit opened lower against the US dollar on Thursday, as the greenback strengthened following the US Federal Reserve’s (Fed) decision to cut its benchmark interest rate by 25 basis points.

At 8 am, the local note eased to 4.1943/1988 from Wednesday’s close of 4.1860/1900.

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