KUALA LUMPUR: The ringgit opened marginally lower against the US dollar on Friday as investors await the announcement of gross domestic product performance for the first quarter of 2024. The local note is expected to remain resilient in the immediate term.
At 9 am, the ringgit was slightly down to 4.6850/6880 against the greenback from Thursday’s closing of 4.6810/6850. "The ringgit is expected to continue its positive trend, but could experience profit-taking activities intermittently. Today, the focus would be on the first quarter GDP announcement expected around noon,” he told Bernama.
Ringgit Opening US Dollar Mohd Afzanizam Abdul Rashid US CPI Forex GDP BNM
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