Ringgit opens higher v greenback
The ringgit rises to 4.5455/5485 against the US dollar in early trade today. – The Malaysian Insight file pic, July 31, 2023.
At 9am, the local note rose to 4.5455/5485 against the greenback compared with 4.5535/5565 at the close last Friday. “It is expected that the ISM Index will show a slight decrease to 46.5 this month, down from 46.0 previously. Afzanizam said the Reserve Bank of Australia is scheduled to announce its decision on the benchmark interest rate tomorrow, with markets anticipating a 25 basis point hike.
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