Ringgit rallies against US dollar after Fed signals a more dovish stance going forward

  • Forex

  • Thursday, 23 Mar 2023

KUALA LUMPUR: The ringgit jumped against the US dollar today as its winning streak continued for the fourth consecutive day after the US Federal Reserve (Fed) signalled a more dovish monetary stance going forward.

At 6 pm, the local note bounced to 4.4160/4200 versus the greenback compared with yesterday’s closing rate of 4.4530/4580.

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Ringgit , US dollar , US Federal Reserve , Mohd Afzanizam Abdul Rashid

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