Ringgit falls against US dollar amid rate cut doubts

KUALA LUMPUR: The ringgit ended lower against the US dollar today as expectations for a US interest rate cut have been significantly reduced, signalling the markets remain unconvinced of another rate cut in the December meeting.

At 6 pm, the ringgit eased to 4.1565/1645 versus the greenback from yesterday’s close of 4.1480/1530.

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ringgit , US dollar , interest rate , US , Federal Reserve , SPI Asset Management , non-farm payrolls , Asean , currencies

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