Kuala Lumpur: The ringgit gained 225 basis points and strengthened against the US dollar subsequent to the release of mixed US economic data and investors’ anticipation of an interest rate cut based on the Federal Open Market Committee (FOMC) meeting earlier this week.
Kuala Lumpur: The ringgit opened higher against the US dollar on better buying support as the US Dollar Index (DXY) retreated after recent gains by the greenback.
Kuala Lumpur: The ringgit slipped further against the US dollar when the market opened today, as positive US economic data points continued to support the greenback, a dealer said.
Ringgit outlook stable with China's central bank yuan support freemalaysiatoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freemalaysiatoday.com Daily Mail and Mail on Sunday newspapers.