Ringgit firmer against US dollar on sustained hope for Fed rate cut

KUALA LUMPUR: The ringgit ended higher against the US dollar, fueled by continued expectations that the US Federal Reserve (Fed) will cut interest rates.

At 6 pm, the ringgit rose to 4.4300/4360 versus the greenback compared to Friday’s close of 4.4310/4385.

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 Ringgit , US dollar , Mohd Afzanizam Abdul Rashid , FOMC , Minutes , Interest rates

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