Ringgit opens higher versus US dollar, revisits RM4.19 level

KUALA LUMPUR: The ringgit revisits the RM4.19 level against the US dollar today, with immediate support expected at RM4.07, driven by Malaysia’s lower-than-forecasted CPI increase of 1.9 per cent and a 50 basis point interest rate cut by the US Federal Reserve.

© New Straits Times Press (M) Bhd