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Ringgit higher against US$ on Fed policy tightening pause


  • Forex
  • Monday, 7 Jan 2019

At 9.18 am (0118 gmt), the ringgit stood at 4.1200/1250 versus the US dollar from 4.1340/1370 at Friday's closing.

At 9.18 am (0118 gmt), the ringgit stood at 4.1200/1250 versus the US dollar from 4.1340/1370 at Friday's closing.

KUALA LUMPUR: The ringgit was higher against the US dollar early Monday as the greenback retreated on expectations that the Federal Reserve (Fed) would put policy tightening on pause in 2019.

At 9.18 am (0118 gmt), the ringgit stood at 4.1200/1250 versus the US dollar from 4.1340/1370 at Friday's closing.

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