KUALA LUMPUR: The ringgit gained 225 basis points and strengthened against the US dollar subsequent to the United States' (US) release of mixed economic data and investors' anticipation of an interest rate cut based on the Federal Open Market Committee (FOMC) meeting earlier this week.
At 9 am, the ringgit opened at 4.7310/7380 against the greenback from Thursday’s close of 4.7535/7555.
