KUALA LUMPUR: The ringgit opened lower against the US dollar on Thursday as the greenback firmed after the Federal Reserve open market committee's statement raised expectations of an interest hike in December this year, dealers said.
At 9.06am, the local unit was quoted at 4.2920/3010 against the dollar from Wednesday's 4.2670/2770.
The ringgit was also lower against other major currencies except for the British pound.
It was down versus the yen to 3.5550/5640 from 3.5437/5535 on Wednesday, slid against the Singapore dollar to 3.0589/0671 from 3.0537/0631 and declined vis-a-vis the pound sterling to 6.5505/5668 from 6.5272/5442 yesterday.
The local note appreciated against the euro to 4.6813/6928 from 4.7125/7239 on Tuesday. - Bernama
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