Ringgit open flat amid investor caution on US election risks

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KUALA LUMPUR: The ringgit opened flat against the US dollar today as looming risks surrounding next week’s US election kept investors cautious.

The ringgit was mostly lower against a basket of major currencies this morning.

This shift followed the release of robust US inflation data, which showed greater resilience than anticipated.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaIndonesiaJapanSingapore

Topics: Forex Inflation US dollar /Business/Business News US election Ringgit opening Stephen Innes

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 09:18:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 332 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23358668

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 48 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 5 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #22

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