Ringgit rises as expectation of better US inflation print lifts sentiment

KUALA LUMPUR: The ringgit gained marginally against the US dollar at the start of trading on Tuesday as the latter’s rally paused amid the likelihood of Federal Reserve rate cuts on expectation of easing inflation print.

At 9 am, the ringgit rose slightly to 4.6430/6470 versus the greenback from Monday’s close of 4.6495/6535.