Ringgit nearly flat against US dollar, strengthens against basket of other currencies

Publish date: Fri, 20 Dec 2024, 08:41 AM

KUALA LUMPUR, Dec 20 – The ringgit opened nearly flat against the US dollar as the outcome of the two-day Federal Open Market Committee (FOMC) meeting and stronger US economic data are expected to remain supportive of the dollar, an economist said.

However, the ringgit was seen trading stronger when indexed against a basket of currencies.

At 8 am, the ringgit was at 4.5030/5250 compared with 4.5030/5080 against the greenback at yesterday's close.



  - Bernama

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