Ringgit slips as wary investors await rate cues
The ringgit trades lower on strength in the US dollar as investors await cues on overnight policy rate. – The Malaysian Insight file pic, May 2, 2023.
At 6pm, the local note slipped to 4.4640/4640 versus the greenback from Friday’s closing rate of 4.4600/4645. “This could help bolster the case for no change in the OPR when the members of the MPC meet tomorrow,’’ he told Bernama.
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