Ringgit opens lower against US dollar

Publish date: Thu, 02 Jan 2025, 08:53 AM

KUALA LUMPUR: The ringgit opened lower against the US dollar on the first trading day of the year, weighed by market concerns over the US Federal Reserve's (Fed) potential decision to cut interest rates in 2025.  

At 8 am, the ringgit eased to 4.4700/4805 against the greenback, compared with Tuesday's close of 4.4690/4745.  

Markets were closed on Wednesday for New Year's Day.



  - Bernama

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment