Ringgit rebounds at open after what analysts call an ‘excessive’ decline (opens original article in a new tab)

The ringgit rebounded at the open against the US dollar following a previous sharp decline, with cautious market sentiment after the Fed's policy decision. It also strengthened against several major and regional currencies.

• Ringgit opened higher against the US dollar after a sharp decline
• Market sentiment cautious following Fed's policy decision
• Ringgit strengthened against multiple major and regional currencies