Ringgit ends almost flat v dollar
The ringgit ends almost unchanged against the US dollar today, amid growing concerns of a global economic slowdown. – The Malaysian Insight file pic, July 3, 2023.
At 6pm, the local note stood at 4.6640/6690 against the greenback compared to 4.6635/6705 at last Friday’s close. Additionally, investors will also closely watch Bank Negara Malaysia’s Monetary Policy Committee’s decision on Thursday on the overnight policy rate .Similarly, RHB Research in a note today expects BNM to keep the status quo of the OPR at 3.00% at its meeting on Thursday.
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