Ringgit edges higher against greenback as investors await FOMC outcome
Photo: New Straits Times
KUALA LUMPUR: The ringgit closed marginally higher against the US dollar on Wednesday as investors remained on the sidelines ahead of the outcome of the United States Federal Open Market Committee's (FOMC) meeting.
From the original report
At 6pm, the local currency appreciated to 4.0875/0915 against the greenback from Tuesday's close of 4.0885/0930.
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit remained largely range-bound against the US dollar, and other Asian currencies showed similar trends, as traders and investors awaited the FOMC's decision later tonight.
…
This is a brief of a report by another newsroom. The excerpt below is from the original.
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New Straits Times
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About this story
- Source
- New Straits Times
- Originally published
- Jul 29, 2026
- Updated here
- Aug 15, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
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