Ringgit opens lower against US dollar | The Malaysian Insight

Ringgit opens lower against US dollar

A financial expert says the dollar-ringgit resistance level is around RM4.52 at present and it might linger such level in the immediate term following a hawkish stand by the US Federal Reserve. – The Malaysian Insight file pic, March 1, 2023.

At 9.28am, the local note slipped to 4.4930/4980 against the greenback from yesterday’s close of 4.4850/4895. He said the core Personal Consumption Expenditure Price Index has gone up more than expected in January to 4.7% against market expectation of 4.3%.

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