Ringgit opens slightly lower against US dollar
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The ringgit opened slightly lower against the US dollar in the morning trading session. At 8.05 am, the ringgit declined to 4.6650/6700 against the greenback from Thursday's close of 4.6600/6625. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid expects the ringgit to be traded at the current level against the US dollar as expectations remain for the US Federal Reserve to cut interest rates.

#Ringgit #UsDollar #ExchangeRate #BankMuamalatMalaysia #InterestRates

https://www.nst.com.my/business/economy/2024/07/1081778/ringgit-opens-slightly-lower-against-us-dollar