Ringgit extends downtrend vs US dollar ahead of FOMC meeting

KUALA LUMPUR: The ringgit extended its downtrend against the US dollar today ahead of the US Federal Open Market Committee (FOMC) meeting today and tomorrow to decide on interest rates.

At 6 pm, the local note eased to 4.6940/6980 against the greenback from Monday’s close of 4.6870/6915.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Subscribe 
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Ringgit , US dollar , FOMC , Mohd Afzanizam Abdul Rashid

   

Report it to us.

Next In Business News
Malaysia's private non-financial sector's credit growth moderated to 4.8% in September
US tariffs on China to have mixed impact on Asean economies - OCBC
Minox International proposes 1-for-2 bonus issue of warrants
UBS posts bigger-than-expected net profit in third quarter
China and Hong Kong stocks drop as US election risks loom
StanChart third-quarter profit more than doubles on strong wealth growth, raises guidance
Bursa Malaysia's net profit jumps 42% to RM85.74mil in 3Q as ADV climbs
FBM KLCI slides as US election jitters mount
Australian dollar stuck near three-month lows on mixed inflation data
Axis-REIT raises RM449.73mil from private placement

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.