Ringgit opens flat against US dollar on cautious sentiment
At 8am, the local note stood at 4.2215/2420 from yesterday's close of 4.2215/2255.
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US Dollar Index (DXY) fluctuated from a low of 97.95 to a high of 98.29 points with traders adopting a cautious stance ahead of Powell's speech.
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