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Ringgit opens lower vs US dollar on renewed US rate hike expectations

KUALA LUMPUR: The ringgit opened lower against the US dollar on Thursday as stronger-than-expected US inflation data bolstered expectations of a possible interest rate increase by the US Federal Reserve (Fed), lending support to the greenback.

The Star MalaysiaThe Star查看原文 ↗
受美国再次加息预期影响,令吉兑美元开盘走低。

KUALA LUMPUR: The ringgit opened lower against the US dollar on Thursday as stronger-than-expected US inflation data bolstered expectations of a possible interest rate increase by the US Federal Reserve (Fed), lending support to the greenback.

At 8 am, the ringgit edged down to 4.0820/0865 against the US dollar from Wednesday’s close of 4.0805/0850.

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