Ringgit opens slightly lower against US dollar

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KUALA LUMPUR (Sept 17): The ringgit opened slightly lower against the US dollar on Tuesday in line with regional markets as investors continued to reassess their risk parameters following the weekend's events in Saudi Arabia and ahead of the US Federal Reserve decision on its interest rate tomorrow.

The tensions in the Middle East have escalated after drone attacks on two major oil facilities in Saudi Arabia.

At 9 am, the ringgit slipped to 4.1710/1750 versus the greenback from 4.1630/1660 on Friday.

The market was closed on Monday for Malaysia day. - Bernama