Ringgit opens flat against US$ as traders await outcome of Fed meeting


  • Business
  • Wednesday, 31 Jul 2019

Uncertain times: Due to the ongoing global uncertainties, the ringgit is expected to trade between 4.1850 to 4.1950 against the greenback this week. — Reuters

KUALA LUMPUR: The ringgit opened lower against the US dollar in early session today with the greenback remaining firm as the markets await the outcome of the Federal Open Market Committee’s (FOMC) two-day policy meeting later today.

At 9.00 am, the ringgit stood at 4.1250/1290 from Monday's 4.1230/1270.

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