KUALA LUMPUR: The ringgit was little changed against the US dollar this morning amid weak sentiment across Asian currencies and the ongoing China property market woes.
At 9 am, the local note climbed to 4.6845/6885 against the greenback from Monday’s close of 4.6850/6880.
"Asian forex markets will simply get no help from a US Federal Reserve that appears committed to higher for longer US interest rates,” he told Bernama. "It was reported that should the government shutdown occur, there could be a delay in the statistical releases such as the nonfarm payroll and consumer price index scheduled on Oct 6 and Oct 12.
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