US Federal Reserve

Ringgit rises as markets digest US Fed minutes

At 8 am, the ringgit strengthened to 4.4400/4500 from 4.4410/4450 at Wednesday’s close

Ringgit rises further against US Dollar at the close

Concerns over US tariff hikes and expectations of stable Federal Reserve interest rates influenced market sentiment

Ringgit stronger after US federal rate cut

The Fed’s interest rate cut by 25 basis points moves local note up to 4.38

Ringgit opens lower over signs of possible smaller US interest rate cut

Minutes of US Federal Reserve meeting yesterday show divided views on how much to cut interest rates, indicating a more gradual approach to easing monetary policy

Ringgit opens slightly higher at 4.28

An economist cites mixed reactions to US Federal Reserve stance and China’s economic stimulus
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