Ringgit opens firmer versus greenback as US labour demand declines
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On September 5, 2024, the ringgit opened at 4.3380/3545 against the US dollar, improving from the previous day's close of 4.3505/3560; US job openings fell to 7.673 million in July, below the expected 8.09 million; Bank Muamalat's chief economist, Dr. Mohd Afzanizam Abdul Rashid, noted guarded demand for the ringgit amid global economic uncertainty; the US Federal Reserve is expected to cut interest rates during the FOMC meeting on September 17-18; the ringgit also strengthened against the euro and British pound but weakened against the Japanese yen; it traded higher against several ASEAN currencies, including the Singapore dollar and Indonesian rupiah.

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https://www.nst.com.my/business/economy/2024/09/1101443/ringgit-opens-firmer-versus-greenback-us-labour-demand-declines