<img loading="lazy" class="alignnone size-full wp-image-2708600" src="https://media.freemalaysiatoday.com/wp-content/uploads/2024/03/7737d1de-us-vs-ringgit_flat-d3-2024.webp" alt="" width="1600" height="1000" />
KUALA LUMPUR: The ringgit opened flat against the greenback on Thursday as investors await fresh lead ahead of key US inflation data.
At 8am, the local note stood at 4.2335/4.2365, the same as yesterday’s close.
Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said the ringgit could move within RM4.22 to RM4.24 today, driven by possibilities of profit taking as traders are wary about the US personal consumption expenditures (PCE) inflation report tomorrow.
 MORE TO COME

MatchPoint Times

Ringgit opens flat amid cautious economic sentiment

The local note stays at yesterday’s close of 4.2335/4.2365 as investors await fresh leads from key US inflation data.

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