Ringgit opens lower against greenback on cautious sentiment

Quick Summary:

KUALA LUMPUR: The ringgit opened lower against the US dollar today, as investors remain cautious about the outlook for the Federal Reserve (Fed) rate cuts in the near term, said an analyst.

However, it was almost flat against the Philippine peso at 7.58/7.60 from 7.58/7.59 at Wednesday's close.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaIndonesiaJapanSingapore

Topics: Mohd Afzanizam Abdul Rashid /Business/Business News US dollar Forex Sentiment Ringgit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 09:30:00 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 282 words

Reading Time: 2 minutes read

Sentences: 16 lines

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Copyright Owner: © The Star

News ID: 23726411

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