Ringgit opens higher, tracks US job revision and rate cut hopes


KUALA LUMPUR: The ringgit opened higher against the US dollar on Wednesday, building on gains as weaker United States jobs data fuelled expectations of interest rate cuts.

At 8 am, the local currency stood at 4.2005/2170 versus the greenback, up from Tuesday’s close of 4.2025/2080.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Fresh growth opportunities open for MNCs
George Kent redeems RM132mil sukuk
Aemulus wins RM10.5mil order, marks debut in India
ICT Zone Asia secures RM24.5mil ICT hardware purchase order
FBM KLCI remains steady amid choppy trading
China's yuan edges down as dollar gains; investors watch Iran war talks
MTT Shipping and Logistics targets RM652.5mil IPO to fund fleet expansion
Trump's tariffs had little impact on GDP in 2025, but raised revenue, academic paper finds
Oil prices climb as investors reassess Middle East ceasefire prospects
Lynas to develop rare earths metal production plant in Vietnam

Others Also Read