Ringgit to range between RM4.56-RM4.57, says analyst

Ringgit to range between RM4.56-RM4.57, says analyst FMTNews FMTBusiness

KUALA LUMPUR: The ringgit opened higher against the US dollar today as demand for the local currency improved amid mixed market sentiment.

He said the latest data print showed that the US Conference Board Consumer Confidence rose to 117 points in July, beating the consensus estimate of 112 points. “As such, the FOMC decision tonight is critical as the market would want to see the latest assessment by the Fed on the state of the economy,” he told Bernama.

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